Miami, FL (PRWEB) November 11, 2011
Shelby is a leading supplier of vapor line, filler pipe and other products to the automotive industry. Based in Romeo, MI, Shelby has a 25 year track record of servicing many of the largest automotive manufacturers and Tier 1 suppliers in the United States and abroad.
Roman Krislav from HIG Capital stated, “We are pleased to continue to support Stant in its strategic acquisitions. Following the acquisition of Expert in May, which provided Stant with a top position in carbon canisters, this strategic acquisition now positions Stant as a leading supplier in virtually all of the core vapor management products, including valves, canisters, filler pipes, and gas caps, as well in the cooling product category. We expect Shelby to flourish within the Stant global platform and believe Stant has the resources to help Shelby convert its strong existing pipeline.”
HIG Capital is a leading global private equity investment firm based in Miami. The firm has more than $8.5 billion of capital under management. HIG specializes in providing capital to small and medium sized businesses and has offices in Atlanta, Boston, New York and San Francisco, as well as Hamburg, London and Paris in Europe.
More information about H.I.G. Capital can be found at http://www.hoovers.com/company/HIG_Capital_Management_Inc/rtftrki-1.html