Private Equity-Backed Bestop Acquires Baja

Monroe Moxness Berg PA served as legal counsel to Bestop, Inc., a portfolio company of Kinderhook Industries, LLC, in its acquisition of Baja Designs, a provider of premium branded off-road lighting systems for the automotive market. Baja represents the first add-on acquisition for Bestop and Kinderhook’s 34th automotive related transaction.

Based in Louisville, CO, Bestop is the world’s largest manufacturer of soft tops and fabric accessories for Jeep vehicles and the sole supplier of factory soft tops on all Jeep Wranglers since 1986.

Headquartered in San Marcos, CA, Baja Designs is a leading provider of off-road lighting products for the off-road aftermarket. Recognized as “The Scientists of Lighting” for more than 20 years, Baja engineers revolutionary lighting systems to stay at the forefront of off-road racing and on- and off-road driving.

The acquisition reflects Bestop’s priority of growing both organically and through acquisitions in the automotive aftermarket. The company continues to invest in brand development and aggressive product innovation, while evaluating opportunities to extend into new product categories.

About Kinderhook Industries

Founded in 2003, Kinderhook Industries is a private equity firm with over $2.0 billion of committed capital and an investment philosophy based on combining senior management and operating experience in a variety of industries with the financial and investment know-how of private equity professionals. Kinderhook primarily makes control investments in companies in which the firm can achieve significant financial, operational and growth improvements. The firm targets orphaned non-core subsidiaries of corporate parents, existing small capitalization public companies lacking institutional support and management-led recapitalizations of entrepreneur-owned companies. By providing access to capital, strategic advice and an extensive network of relationships, Kinderhook Industries has a history of successfully building privately held firms in partnership with management.

Read the full press release.

About The Author

Wojciech Kotas