Tolemar announces Equity Investment from Vopne Capital
Leading manufacturer of aftermarket parts and accessories for motorcycles and all-terrain vehicles receives equity investment from San Francisco-based Vopne Capital
HUNTINGTON BEACH, Calif., April 18, 2017 /PRNewswire/ -- Tolemar, LLC announced today an investment in the company by Vopne Capital, a San Francisco-based private investment firm.
Tolemar is a leading manufacturer of aftermarket parts and accessories for the motorcycle and all-terrain vehicle ("ATV") industries. Tolemar's products include custom handlebars, cables, exhaust systems and tuners designed for personalized styling and performance improvements.
Steve Ramelot, who founded Tolemar in 1993 and will continue to drive new production innovation and development, stated "Tolemar has a long history of developing and manufacturing innovative, high quality products designed to improve performance and aesthetics for motorcycle and ATV enthusiasts. We are excited to have Vopne join as partners at an exciting time for our company. Vopne shares our vision of producing the highest quality products – manufactured right here in Huntington Beach, California – while providing unparalleled customer service."
"Tolemar manufactures the highest quality aftermarket parts and accessories available to motorcycle and ATV owners," added Jim Bloom, Managing Partner at Vopne who joins Tolemar's Board of Directors. "The company's state-of-the art manufacturing systems and focus on product quality are unparalleled in the industry. We are thrilled to partner with Steve and Scott to help expand the company's product offerings while maintaining their focus on innovation, performance and style. And we're proud that the company is creating manufacturing jobs in California."
Scott Ramelot, Chief Information Officer of Tolemar, added, "We are excited about the opportunities ahead of Tolemar and are pleased to have Vopne's support as we expand."
About Tolemar
Founded in 1993 and headquartered in Huntington Beach, CA, Tolemar designs and manufactures industry-leading aftermarket parts and accessories for motorcycles and ATVs. With over 4,000 parts, the company provides a wide-range of products designed for performance enhancement and aesthetic appeal. For more information, visit www.tolemar.com.
About Vopne Capital
Vopne Capital is a San Francisco-based private equity firm investing in growing, profitable companies in the lower middle market. Vopne undertakes investments, recapitalizations and acquisitions of companies with experienced management teams, engineered and differentiated products and a focus on quality and customer service. Vopne invests in manufacturing and industrial businesses based in the U.S. and Canada. For more information, visit www.vopne.com
Contact: Scott Ramelot
Tolemar, LLC
(657) 200-3840
www.tolemar.com
SOURCE Tolemar, LLC
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