Kian Capital Partners has completed a majority recapitalization of T Sportline, a leading e-commerce provider of Tesla aftermarket parts, to drive its growth and expansion in the automotive aftermarket sector.
Information on the Target
T Sportline is a pioneering e-commerce provider specializing in premium-branded aftermarket parts and accessories tailored specifically for Tesla vehicles. Established in 2013 by founders Jon Pek and Elie Rothstein, the company has solidified its position as a leader in the Tesla aftermarket space. T Sportline offers an extensive range of products, including custom wheels and both interior and exterior accessories, allowing Tesla owners to enhance both the aesthetics and performance of their vehicles.
As a digitally native business, T Sportline sells its products directly to consumers through an engaging e-commerce platform, providing a rich online experience that caters to Tesla enthusiasts. Following the majority recapitalization by Kian Capital Partners, both Pek and Rothstein will continue to oversee daily operations, ensuring continuity and the implementation of strategic growth initiatives.
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Industry Overview in the Target’s Specific Country
The automotive aftermarket industry in the United States is witnessing robust growth, particularly in the context of the rising electrification of vehicles. With more consumers opting for electric vehicles (EVs), the demand for specialized a
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Kian Capital Partners
invested in
T Sportline
in 2023
in a Recapitalization deal