[Too Many Projects]

Originally Posted by Lee Stewart

Legendary Auto Parts Manufacturer Edelbrock Is Shutting Down Its Headquarters

https://www.msn.com/en-us/autos/enth...?ocid=msedgntp

And here is why... Edelbrock has been owned by Industrial Opportunity Partners (IOP), a private equity firm, since 2010. IOP also acquired COMP Performance Group in February 2020.


It isn't Edelbrock that's closing. The OPPORTUNITY PARTNERS investment firm may be pulling out of CA. Can't blame them, but nearly all the independent manufacturers have been bought out by investment groups over the past 10-12 years, just like Auto Forums has bought up thousands of on-line community forums. Only 2 reasons for all this consolidation under just a few umbrella's... control and profit.