Rovers North, Inc. has transitioned to an Employee Stock Ownership Plan, enabling employee ownership and engagement while maintaining its leadership as a supplier of classic Land Rover parts.

Target Information

Burlington, VT – June 7th, 2024 – Rovers North, Inc. is a leading retail organization in North America, specializing in Classic Land Rover parts and accessories. Established in 1979, the company has earned its reputation as the largest authorized supplier of Land Rover parts, catering to enthusiasts of iconic models such as the Series, Defender, Range Rover Classic, and early Discovery vehicles. Headquartered in Westford, Vermont, Rovers North services a dedicated customer base of Land Rover aficionados and professionals looking for high-quality parts and expert assistance.

The recent sale of 100 percent of Rovers North’s stock to the newly formed Rovers North Employee Stock Ownership Plan (ESOP) marks a significant transition for the company. This move not only allows the employees to participate more directly in the company's success but also reinforces Rovers North's commitment to maintaining its workforce and operations in Vermont.

Industry Overview

The automotive parts industry, particularly concerning classic vehicles, has seen a steady growth trajectory in recent years. As retro and vintage cars grow in popularity, companies like Rover