CenterGate Capital – an Austin-based private equity investment firm – announced that its affiliate has invested in TransGo, LLC, a leading provider of aftermarket parts and kits for automatic transmission repair.
Launched in 1959 and based in El Monte, California, TransGo is a designer and manufacturer of highly engineered replacement valve body repair kits and related products for automatic transmissions. The company also has a 65-year track record of exceptional quality, durability, performance, and unmatched technical customer service. TransGo serves aftermarket retail, transmission parts distributors, and transmission remanufacturers across North America.
CenterGate Capital was represented by McGuireWoods LLP in the transaction.
Piper Sandler served as the exclusive financial advisor to TransGo in the transaction.
KEY QUOTES:
“I am proud of what the TransGo team has accomplished as a leading automatic transmission parts supplier. We are excited to partner with CenterGate for our next phase of growth. CenterGate’s investment will provide us with the capital and strategic resources to continue our growth trajectory while increasing speed to market and vehicle coverage for our customers.”
– President John Landry, who will continue to lead TransGo
“John and the TransGo team have grown the Company by providing innovative products to their customers who require the highest levels of product reliability and customer service. We are excited to partner with TransGo to support their growth.”
– Michael Smith, Managing Director at CenterGate Capital
