Blue Point Capital Partners and its portfolio company, Transtar Holding Company, announced the acquisition of Pro Form Products, a manufacturer of refinishing and repair products for automotive, aviation, industrial and marine applications. Based in Ontario, Canada, Pro Form will operate as a subsidiary of Transtar Autobody Technologies, a full-service provider of automotive repair, finish and industrial coating products.
For more than 50 years, Pro Form has provided customers across the U.S. and Canada with an extensive product line while focusing on unrelenting reliability and consistent performance. Pro Form’s products play an essential role in the success and growth of its customers’ businesses in the collision repair and refinish provider industry.
“The Pro Form and Transtar teams have immense respect and appreciation for what the other has built, as well as shared culture, values and vision — all of which will benefit the most important parties involved, our customers and team,” says Pro Form leader Jim Speck, who will join the senior leadership team of Transtar Autobody Technologies.
Founded in Cleveland, Ohio, Transtar is a portfolio of automotive aftermarket brands with business units focused on parts distribution, cutting-edge e-commerce software, coatings products and more. Blue Point and Transtar announced their partnership in January 2021.
“Pro Form and Transtar Autobody Technologies are well-paired from a strategic and commercial standpoint,” says Transtar President and CEO Neil Sethi. “This addition to our portfolio of businesses will allow us to enter new end-markets — including industrial and marine — as well as expand the depth and breadth of our product line and provide complementary geographic coverage across the U.S. and Canada. We look forward to combining forces to enhance our capabilities and better serve our customers.”
“M&A is an important component of Transtar’s history and growth strategy, and we are excited to continue to create value with the acquisition of Pro Form,” said Blue Point Partner Brian Castleberry. “Blue Point is committed to providing support and resources to the Transtar leadership team as they strategically expand and create ongoing value for new and returning customers.”
