CJ Pony Acquires American Powertrain
Summary
HARRISBURG, Pa.--(BUSINESS WIRE)--CJ Pony Parts announced today that it is partnering with American Powertrain, a branded market leader in transmission kits for various classic vehicle applications. Its wonderful to watch American Powertrain, which started 20 years ago as a home-based business, now take this next momentous leap forward by partnering with CJ Pony Parts. The company specializes in providing modern drivetrain technology to classic and muscle car owners, including overdrive transmission systems, hydraulic clutch kits, and a wide range of drivetrain-related parts. Century Park Capital Partners is a Los Angeles-based private equity group established in 2000 that invests in family businesses, owner-operated firms and corporate divestitures with the purpose of accelerating growth and transforming these companies into leading industry players. We leverage our C-level executive partners (“Century Leaders”) in targeted sectors to build an investment thesis, evaluate opportunities, and lead portfolio companies through the value creation process.