Ridgemont Equity Partners Acquires Majority Stake in Aurora Parts & Accessories by EON

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									Ridgemont Equity Partners Acquires Majority
Stake in Aurora Parts & Accessories
July 14, 2011 08:33 AM Eastern Daylight Time 

CHARLOTTE, N.C.--(EON: Enhanced Online News)--Ridgemont Equity Partners, a middle market buyout and
growth equity firm, today announced the closing of a majority equity investment in Aurora Parts & Accessories,
LLC, a leading distributor of aftermarket and replacement semi-trailer parts and accessories based outside
Indianapolis, IN. The financial terms of the transaction were not disclosed.

Aurora operates from an approximately 300,000 square foot distribution center as a supplier of semi-trailer body
parts, truck body and container/chassis parts to a network of independently owned trailer dealerships. Aurora is the
exclusive supplier for Wabash National, Fruehauf and Lufkin Trailer. Aurora also has strategic distribution
agreements with Hyundai and Kentucky Trailer.

“Our partnership with Ridgemont is exciting on many fronts,” said David Clarke, President and CEO of Aurora. “In
addition to the capital that they bring to the table, Ridgemont also provides expertise in transportation parts supply
and distribution that will be critical in driving the expansion of our business.” 

“We are pleased to add Aurora to our portfolio, as the profile of the company is an excellent fit for our investment
strategy. We firmly believe in the growth potential of the business and the strength of its leadership,” said Travis
Hain, Managing Partner at Ridgemont. “This closing marks Ridgemont’s fourth investment as an independent firm.
Other recent Ridgemont investments include M3 Midstream, Unite Private Networks, and Gallus
BioPharmaceuticals.” 

Financing for this transaction included NXT Capital, DE Shaw Direct Capital Portfolios, L.L.C., a member of the D.
E. Shaw group of companies and BB&T Capital Partners Mezzanine Fund II, LP. K&L Gates LLP acted as legal
advisor to Ridgemont. Stephens Inc. acted as financial advisor to Aurora.

About Aurora:

Aurora operates from an approximately 300,000 square foot distribution center as a supplier of semi-trailer body
parts, truck body and container/chassis parts to a network of independently owned trailer dealerships, repair shops,
parts-only retail locations, and sub-distributors. Aurora is the exclusive supplier for Wabash National, an original
equipment manufacturer (OEM) of trailers, and also sells directly to large for-hire and private fleets. The company is
located in Lebanon, IN. www.auroraparts.com.

About Ridgemont Equity Partners:

Ridgemont Equity Partners is a Charlotte-based private equity firm that specializes in middle market buyout and
growth equity investments. Since 1993, the principals of Ridgemont have invested over $3 billion in more than 140
companies. The firm focuses on investments of $25 million to $75 million in industries in which it has deep expertise,
including basic industries and services, energy, healthcare, and telecommunications/ media/ technology.
www.ridgemontep.com.

Contacts
BackBay Communications
Jen Dowd, 212-209-3844, x2
Jen.dowd@backbaycommunications.com

								
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