[Fot] Moss and Rimmer Bros bought by equity firm
Mark Cook
mecook at mindspring.com
Sun Apr 14 05:59:41 MDT 2024
Hard to know the outcome. Usually, PE firms are all about cash flow. I liked the differences Rimmer Bros brought to the table with Moss. They are likely to first either eliminate Moss Europe or merge it into Rimmer. Eventually, like the PE (Bertram Capital) did with BMW parts company ECSTuning, rolling up Turner Motorsport, Pelican Parts and Bavarian Autosport. Pricing, inventory and platform are all the same, as is now lousy customer service. It did help FCP Euro expand their business when customers became disenchanted with ECS.MarkSent from my Galaxy
-------- Original message --------From: Mike Harmuth via Fot <fot at autox.team.net> Date: 4/14/24 7:23 AM (GMT-05:00) To: FoTTriumph <fot at autox.team.net> Subject: [Fot] Moss and Rimmer Bros bought by equity firm Not sure if this is good news..Radial Equity Partners (“Radial”) today announced simultaneous investments in Moss Motors (“Moss”) and Rimmer Bros (“Rimmer Bros”) to form a leading, global specialty supplier of restoration & replacement parts focused on British vehicle brands.Press releasehttps://www.radialequity.com/news/moss-rimmermike h
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