On October 30, 2022, Turbo Wholesale Tires, Inc. ("Turbo" or the "Company"), a leading designer and supplier of branded performance tire products, received a significant investment from Kingswood Capital Management, LP ("Kingswood Capital").

Kroll served as exclusive sell-side M&A advisor to Turbo in connection with the transaction.

About Turbo Wholesale Tires

Turbo Wholesale Tires, founded in 1983 and headquartered in Irwindale, CA, is a premier innovator and supplier of high-quality tires. The Company’s deep knowledge of the industry and consumer preferences allows it to design tires with unique specifications and performance attributes which are sold under Turbo’s trusted brands. The Company also wholesales and distributes tires from third-party brands with whom it has deep and long-standing relationships which include Pirelli, Goodyear, Falken, and Hankook. Over nearly four decades, Turbo has established deep sourcing expertise and a scalable, high-touch route-based delivery footprint that efficiently supplies its customers in focused high-value markets across the United States. Buchalter served as legal counsel to Turbo and Green Hasson Janks served as accounting advisor to Turbo.

About Kingswood Capital Management

Kingswood Capital Management is a private investment firm primarily focused on investing in businesses in transition. In addition to access to capital, Kingswood Capital brings relevant industry relationships and a broad network of internal and external operating resources that can strengthen the businesses it partners with and enhance value. Kingswood Capital was founded in 2019 and is based in Los Angeles, CA. McDermott Will & Emery served as legal counsel to Kingswood.