Bestop Inc., a portfolio company of Kinderhook Industries, has acquired Boulder, CO-based Softopper LLC, a designer, manufacturer and distributor of convertible soft tops for light-duty pickup trucks and SUVs. Financial terms of the transaction were not disclosed.
“With the ability to outfit over 95% of trucks on the road with quality product, Softopper is a perfect addition to the Bestop family,” Bestop CEO John Larson said. “Bestop has placed an emphasis on growing in the light-duty pickup truck space, and Softopper will be a great complement to Bestop’s Supertop for Truck product line.”
Based in Louisville, CO, Bestop is a manufacturer of soft tops and fabric accessories for Jeep and UTV vehicles; the sole supplier of factory soft tops on all Jeep Wranglers since 1986; and a supplier of tonneaus, lock boxes, lighting and fabric caps to the pickup truck market.
Tom Tuttle, managing director of Kinderhook, called the acquisition of Softopper a continuation of Bestop’s “buy-and-build” strategy of acquiring premium brand names in niche categories.
Antares Capital provided financing for the transaction.