Configure Partners announced its role as exclusive financing advisor to Hidden Harbor Capital Partners (“Hidden Harbor” or “HHCP”) in securing committed debt capital to support HHCP’s newly formed automotive performance platform, Burnout Brands, in acquiring Monster Transmission LLC and Thor Convertors LLC (“Monster Transmission”) and BD Engine Brake Inc. (“BD Diesel” or “BD”), collectively “Burnout Brands” or the “Company”.
Configure acted as the exclusive financing advisor to Hidden Harbor in connection with securing debt financing to facilitate the acquisitions of Monster Transmission and BD Diesel. Configure supported all aspects of the debt financing process including lender approach, structuring, and negotiating the financing-related documentation for the acquisition.
“Configure was integral in helping us find the right lending partner to support the Burnout platform. In partnership with management, we look forward to scaling the Company’s operations through executing organic growth strategies and diversifying into adjacent product categories through complementary M&A” said Andrew Joy, Partner at Hidden Harbor.
Doug Clarida, a Managing Director at Configure, commented, “We are thrilled to have worked with the HHCP team on another successful transaction. We believe the partnership between Hidden Harbor and Monster Transmission and BD Diesel will create a leading platform in the performance automotive aftermarket segment.”