Configure was integral in helping us find the right lending partner to support the Burnout platform. In partnership with management, we look forward to scaling the Company’s operations through executing organic growth strategies and diversifying into adjacent product categories through complementary M&A.
Configure Partners Advises Hidden Harbor on its Acquisition Financing of Monster Transmission and BD Diesel
Atlanta, GA — Configure Partners, LLC (“Configure”), a leading middle-market investment bank, is pleased to announce its role as exclusive financing advisor to Hidden Harbor Capital Partners (“Hidden Harbor” or “HHCP”) in securing committed debt capital to support HHCP’s newly formed automotive performance platform, Burnout Brands, in acquiring Monster Transmission LLC and Thor Convertors LLC (“Monster Transmission”) and BD Engine Brake Inc. (“BD Diesel” or “BD”), collectively “Burnout Brands” or the “Company”.
Configure acted as the exclusive financing advisor to Hidden Harbor in connection with securing debt financing to facilitate the acquisitions of Monster Transmission and BD Diesel. Configure supported all aspects of the debt financing process including lender approach, structuring, and negotiating the financing-related documentation for the acquisition.
“Configure was integral in helping us find the right lending partner to support the Burnout platform. In partnership with management, we look forward to scaling the Company’s operations through executing organic growth strategies and diversifying into adjacent product categories through complementary M&A” said Andrew Joy, Partner at Hidden Harbor.
Doug Clarida, a Managing Director at Configure, commented, “We are thrilled to have worked with the HHCP team on another successful transaction. We believe the partnership between Hidden Harbor and Monster Transmission and BD Diesel will create a leading platform in the performance automotive aftermarket segment.”
About Burnout Brands (www.monstertransmission.com / www.us.bddiesel.com)
Burnout Brands is currently a holding company comprised of Monster and BD Diesel. Monster is a direct-to-consumer business focused on the manufacture and sale of custom performance transmissions, primarily for the 4×4 light truck market. 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.
About Hidden Harbor Capital Partners (www.hh-cp.com)
Hidden Harbor Capital Partners is a private equity firm that 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 the firm’s page on LinkedIn.
About Configure Partners (www.configurepartners.com)
Configure Partners is a preeminent credit-oriented middle market advisory boutique headquartered in Atlanta. The firm provides investment banking and financial advisory services surrounding credit and creditor’s rights, providing actionable advice and results-oriented execution. Configure’s Debt Placement practice designs bespoke financing solutions for borrowers to support leveraged buyouts, acquisitions, and dividend recaps, among other strategic objectives. The firm’s Credit Resolutions practice is the trusted advisor to lenders and their borrowers when confronting business, liquidity, or capital structure challenges.
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