GAHH, a portfolio company of Argenta Partners, has been acquired by River Associates Investments
Prestwick is pleased to announce the sale of GAHH to River Associates Investments. Prestwick acted as the exclusive advisor to GAHH and its private equity owner, Argenta Partners. The terms of the transaction were not disclosed.
GAHH is a leading designer, manufacturer, and marketer of aftermarket convertible tops, Jeep tops, and vehicle interiors. The company’s portfolio of brands, including GAHH, Robbins, and E-Z ON, are market leaders in U.S aftermarket convertible tops. GAHH offers a broad range of products including OEM equivalent convertible tops, Jeep tops, and interior trim products including seats and carpets.
Argenta Partners LP is a private equity firm that invests in controlling equity interests in lower middle-market companies with the potential for further development and growth. For 30 years, Argenta has focused its efforts on a proven model of identifying and investing in attractive businesses and working in partnership with management to create a more valuable enterprise. Argenta Partners invests in recapitalizations, acquisitions, and buy-and-builds / industry consolidations.
Argenta Partners endeavors to gain a deep understanding and appreciation of the unique opportunities and challenges of each business and works hard to be a valuable partner with management, participating in strategic direction and operational improvements that will enhance growth and build the long term value of the business.
River Associates is a private equity firm based in Chattanooga, Tennessee, that focuses exclusively on investing in the lower middle-market and has served as a financial sponsor partner for management teams for over 28 years. River is opportunistic as to industry and has invested in numerous manufacturers, high margin distributors, industrial service providers and business service companies. The firm is currently investing its 7th committed fund and seeks opportunities to partner with experienced management teams to build long-term value in their companies.