Industrial Opportunity Partners (IOP), an operations-focused private equity firm based in Evanston, Illinois, and owner of Edelbrock LLC, announced the acquisition of the COMP Performance Group.
Edelbrock and the COMP Performance Group, along with their respective management teams, will operate as independent organizations.
Both teams will continue to provide the same designs, products, and service as they explore opportunities to drive increased products and customer offerings.
Edelbrock designs, manufactures, and distributes automotive aftermarket performance parts and is based in Torrance, California.
The COMP Performance Group, with headquarters in Memphis, Tennessee, is a family of aftermarket performance companies that includes brands such as COMP Cams, TCI, FAST, RHS, ZEX, Inglese, and more.