Truck Hero has acquired Backrack, a North American manufacturer of heavy duty, truck racks for pickup trucks.
The transaction terms were not disclosed.
“We are excited to welcome the Backrack team to the expanding Truck Hero family of brands,” said Bill Reminder, president and CEO of Truck Hero.
Backrack designs and manufactures truck bed racks that provide protection and increased truck bed functionality. Mike Cunningham has led Backrack for more than 11 years and will continue to serve as general manager.
This transaction marks Truck Hero’s fourteenth acquisition since its formation in 2007 and is aligned with the company’s growth strategy of acquiring businesses within the vehicle accessory market that further diversify its product portfolio into other complementary, high‐growth segments.