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Quarton International advises WELD Racing in its Transaction with MOMO Automotive Group

Transaction

WELD Racing, a portfolio company of Granite Creek Capital Partners, has partnered with MOMO Automotive Group and Cisneros Corporation. Quarton International acted as the exclusive investment banking advisor to WELD Racing in connection with the transaction.

Client

WELD Racing is the technology and manufacturing leader in the performance wheel market. Since 1967, WELD is a pioneer in wheel engineering and manufactures the highest quality forged race wheels for dirt, oval and drag racing, along with wheels for performance street cars and trucks. Each WELD wheel is precision engineered for maximum performance on the street, off road and at the track. WELD brands include WELD Racing, CCW Forged Performance, WELD Racing XT, and HiPer Technology.

Buyer / Investor

MOMO Automotive Group was founded in 1964 by race car driver Gianpiero Moretti. In that year, Moretti commissioned a local craftsman to produce a custom steering wheel for his own racing car, providing superior grip and control. Since 2005 MOMO has been headquartered in Milan, Italy with a subsidiary in the US, MOMO USA. The MOMO brand continues to be inspired by simple yet very strong values: product quality, superior craftsmanship, maximum safety standards and the highest performance levels.

Cisneros Corporation is a third generation global family enterprise led by Eduardo, Andres and Henrique Cisneros. Conceived in 1929 by Diego Cisneros and championed by Ricardo Cisneros, the three brothers continue to grow and push new boundaries. With experience in numerous industries across media, telecom and consumer goods, Cisneros Corporation leverages its vast experience to find and create opportunities around the world.

Contact

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Matthew P. Schloop

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André A. Augier

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