Bestop Acquires MGP Caliper Covers

Monroe Moxness Berg served as legal counsel to Bestop, Inc. (“Bestop”), a portfolio company of Kinderhook Industries, LLC (“Kinderhook”), in its acquisition of Marshall Genuine Products, LLC (“MGP”), a manufacturer of high-performance, easy to install brake caliper covers for automotive enthusiasts. MGP represents Bestop’s seventh add-on acquisition and Kinderhook’s 108th automotive related transaction. “We are . . .

Tim Ring Discusses Creative Capital, Terms and Tactics In Today’s Franchise Business

Tim Ring was one of the panelists discussing “Creative Capital, Terms and Tactics In Today’s Franchise Business” during the Franchise Times Dealmakers Week. The panel examined the capital structures that would work in an uncertain 2021 economy and described tactics, such as earnouts, to get a deal done when valuations diverge. Attendees learned best practices . . .

Automotive Keys Group Acquires Midwest Keyless

Monroe Moxness Berg served as counsel to Automotive Keys Group, LLC (“AKG”), a portfolio company of Kinderhook Industries, LLC, in its acquisition of Midwest Keyless, Inc. (“Midwest Keyless”). Based in Spring Grove, IL, Midwest Keyless is a remanufacturer and distributor of replacement OEM and aftermarket keyless entry remotes & keys as well as key-cutting and . . .