BURNOUT BRANDS, A PORTFOLIO COMPANY OF HIDDEN HARBOR CAPITAL PARTNERS, PARTNERS WITH BD DIESEL

Boca Raton, Florida, August 15, 2022 – Burnout Brands, a Hidden Harbor Capital Partners (“Hidden Harbor”) portfolio company that manufactures and distributes performance aftermarket automotive products, today announced a strategic investment into BD Engine Brake Inc. (“BD Diesel”).

Based in British Columbia, Canada, BD Diesel manufactures and distributes turbochargers, transmissions and related performance products primarily for enthusiast customers with diesel-powered vehicles. BD Diesel sells to customers in both Canada and the United States and is a leader in its core niche of diesel pickup trucks.

“We are excited to partner with Christian and the rest of the BD Diesel team as we take on the next phase of growth together. There is tremendous opportunity for BD Diesel to continue executing on its organic growth plan and to build the Burnout Brands platform through complementary M&A,” said Andrew Joy, Partner at Hidden Harbor.

“We are thrilled to partner with Hidden Harbor. The existing owners will retain an ownership stake and are committed to delivering quality performance products to our customers and creating rewarding opportunities for our employees,” said Christian Roth, CEO of BD Diesel.

Ben Koch, Vice President at Hidden Harbor, said, “BD Diesel has consistently led the market in quality and new product development. We look forward to building on the legacy the BD Diesel team has established.”

Hidden Harbor was advised by McDermott, Will & Emery LLP as US legal advisor, Osler, Hoskin & Harcourt LLP as Canadian legal advisor, William Blair served as buyside financial advisor, and Configure Partners as debt financing advisor. Terms of the transaction were not disclosed.

About Burnout Brands
Burnout Brands is a leading manufacturer and distributor of performance automotive aftermarket brands.

About Hidden Harbor Capital Partners
Hidden Harbor Capital Partners is a private equity firm which helps create business success stories by building teams focused on execution. We believe that great companies are built on a strong group of people as their foundation, and that businesses succeed when they are intensely focused on executing a small set of well-defined objectives. Hidden Harbor currently manages over $700 million of equity capital and is investing out of its second fund, a $450 million vehicle. To learn more, visit www.hh-cp.com and our page on LinkedIn.

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Media Contact
Julia Bennett: (904) 534-4468 / jbennett@hh-cp.com