Capital Partners announced that it is investing in Minimizer, a truck parts and accessories manufacturer. According to the companies, the investment will fast-track Minimizer’s growth strategy, with the goal to expand product lines and support the rapid growth of the company, including investing in people, equipment and the development of additional capabilities.
“We are very excited about our new relationship with Capital Partners,” said Christopher Thorpe, chief executive officer and president of Minimizer. “Over the last six months, we conducted an exhaustive search for the right investor, one who shared our cultural beliefs and plans for growth over the next five years. Capital Partners is an ideal fit to help take Minimizer to the next level.”
Former Minimizer Chief Executive Officer Craig Kruckeberg will remain invested in the company and participate on the management board.
“This is the best of both worlds for me, personally. While I will remain very much involved with Minimizer, this partnership will allow me to pursue other interests, including the Bandit Big Rig Series,” Kruckeberg said. “As a second generation owner, I wanted a firm that knew our industry and has a history of looking after the people, so I was very happy we could move forward with Capital Partners.”