Premium Guard Inc., which makes automotive aftermarket filters and created PUREFLOW, a breathable air filtration technology, has completed its acquisition of IPC Global Solutions, a private label filter supplier and the creator of the ECOGARD brand of filtration products. As part of the transaction, PGI also partnered with Trive Capital, the Dallas-based private equity firm.
The announcement was made by Anan Bishara, CEO and president of Premium Guard, who said, “This is a new chapter in PGI’s history. We competed with IPC for the last 26 years, which has pushed both companies to raise the ceiling and flourish. The merger will capitalize on the combined strengths and synergies. We will push forward with our core competencies to provide the aftermarket with industry leading service, complete solutions, best-in-class-quality products and leading application coverage at compelling prices.”
The deal was finalized on Dec. 30. The new combined company will employ more than 600 people and operate approximately 1,000,000 square feet of warehouse space throughout North America. The merger, along with the Premium Guard’s acquisition of Interfil in Mexico in November 2020, will expand PGI’s robust global sourcing platform to deliver a full suite of automotive filtration products and aftermarket solutions, the company said.
