DALLAS, TX – Founders Advisors is pleased to announce that Minimizer, LLC (“Minimizer”) received equity investment from Capital Partners on August 31, 2018. Capital Partners will assume majority ownership with its equity investment. Minimizer was exclusively advised by principals of Founders Advisors.

Headquartered in Blooming Prairie, Minnesota, Minimizer is a leading manufacturer and distributor of branded heavy-duty truck aftermarket accessories. Its products include fenders, brackets, floor mats, seats and several other product lines in and on the truck. Minimizer prides itself on its ability to leverage numerous marketing activities to reach end users, grow brand awareness and drive sales growth through their extensive distributor network.

“We are very excited about our new relationship with Capital Partners,” said Minimizer CEO and President, Christopher Thorpe (“CT”). “Over the last six months we conducted an exhaustive search for the right investor; one who shared our cultural beliefs and plans for growth over the next 5 years. Capital Partners is an ideal fit to help take Minimizer to the next level.”

Former Minimizer CEO, Craig Kruckeberg will remain active and invested in the company.

“This is the best of both worlds for me, personally,” said Kruckeberg.  “While I will remain very much involved with Minimizer, this partnership will allow me to pursue other interests, including the Bandit Big Rig Series. As a second-generation owner I wanted a firm that knew our industry and has a history of looking after the people, so I was very happy we could move forward with Capital Partners”

“Founders enjoyed working with Craig, CT, and the Minimizer team on this transaction,” stated Gene Bazemore, Managing Director at Founders. “Minimizer has grown rapidly by delivering superior products and applying advanced marketing techniques to branded heavy-duty truck aftermarket accessories.  I look forward to seeing the continued rapid growth of this unique business model on the Capital Partners platform”

Capital Partners, based in Connecticut, has a history of investing in heavy duty truck part companies.  Capital Partners’ equity investment will provide Minimizer with additional resources to support the growth of the Company including investing in new products and additional people. 

 

About Founders Advisors

Founders Advisors (Founders) is a merger, acquisition, & strategic advisory firm serving middle-market companies. Founders’ focus is on oil and gas, SaaS/software, industrials, internet, healthcare, digital media and industrial technology companies located nationwide, as well as companies based in the Southeast across a variety of industries. Founders’ skilled professionals, proven expertise and process-based solutions help companies access growth capital, make acquisitions, and/or prepare for and execute liquidity events to achieve specific financial goals. In order to provide securities-related services discussed herein, certain principals of Founders are licensed with M & A Securities Group, Inc. or Founders M&A Advisory, LLC, both members of member FINRA & SiPC. M&A Securities Group and Founders are unaffiliated entities. Founders M&A Advisory is a wholly-owned subsidiary of Founders. 

About Minimizer

Headquartered in Blooming Prairie, Minnesota, Minimizer is a leading manufacturer and distributor of branded heavy-duty truck aftermarket accessories. Its products include fenders, brackets, floor mats, seats and several other product lines in and on the truck. Minimizer prides itself on its ability to leverage numerous marketing activities to reach end users, grow brand awareness and drive sales growth through their extensive distributor network.