Caymus Equity Partners partners with Overland Vehicle Systems
ATLANTA–(BUSINESS WIRE)–Caymus Equity Partners LLC (“Caymus Equity”) has partnered with Overland Vehicle Systems (“OVS” or the “Company”), in partnership with Founder and CEO, Sean Angues. OVS is a premier supplier to landfall and off-road enthusiasts headquartered in Santa Fe Springs, CA. The investment builds on OVS’ high growth vision and provides the company with the capital support needed to achieve the vision set out by Sean Angues and his team.
OVS has developed a full line of marketed products for landing, camping, cargo management, recovery equipment and air management, giving customers everything they need to go on an adventure. . The company’s sourcing process is positioning itself as an industry leader by adding more products and brands to its catalog. OVS has several brands in its portfolio; King 4WD, a Jeep accessory supplier; Up Down Air, an air management company; and Overland Vehicle Systems, its parent company.
“In 2018, we started this business with a wealth of experience in the automotive aftermarket and a product strategy focused on overlanding, one of the fastest growing segments in the industry. In just three years, our rapid growth has positioned us as a preferred product line for enthusiast customers and a leader in the overlanding industry,” said Sean Angues, Founder and CEO of OVS. “When I first started considering a partner, the team at Caymus Equity was an obvious choice as they understand and share my vision of making OVS a leading company in the automotive aftermarket.
“We jumped at the chance to partner with the team credited with transforming industry-leading brands at Transamerican such as Smittybilt, Poison Spyder and Pro Comp Suspension into who they are today. commented Chris Faux, Principal and Head of Transactions at Caymus Equity. “We are delighted to support Sean and his team, who were an integral part of the management team that made Transamerican such a success through its eventual sale in 2016. Unsurprisingly, the team repeated that success at OVS and an enticing vision to become the newest leading company in the aftermarket.
“This transaction is a significant step forward for Caymus Equity”, commented Ollie Maggard, Managing Partner. “Not only did we find a great company with a great management team; this transaction marks the first investment from our first committed fund. We are excited about the future with Sean and his team, and grateful for the support of our sponsors who enabled us to complete this transaction in the fund.
The investment in Overland Vehicle Systems on July 1, 2022 represents the thirteenth investment in Caymus Equity’s platform and the first investment by Caymus Equity Partners Fund II.
To learn more about Overland Vehicle Systems, visit https://overlandvehiclesystems.com/
To learn more about Caymus Equity, visit https://www.caymusequity.com/
About Caymus Equity Partners
Founded in 2001 and with offices in Atlanta and New York, Caymus Equity Partners is a leading private equity firm focused on control transactions in the lower middle market. We invest in profitable businesses with significant growth potential where owners and management teams are looking for a value-added partner to help fuel growth. Our partnerships are built around a mutual culture, business values and goals as the foundation for sustainable growth and value for all stakeholders. We strive to work with management to develop and refine strategy and provide support while leaving day-to-day execution to business operators.
Other Caymus Equity Partners holdings include PureREDa provider of a unique combination of marketing services that increase sales and customer engagement for world-class retail, consumer packaged goods and business-to-business businesses; Orthopedic Rehabilitation Excela leading provider of physical therapy and athletic and orthopedic rehabilitation services in northern New Jersey; Temp-Cona leading provider of heating, ventilation, air conditioning and refrigeration (“HVACR”) installation, maintenance and repair services in the Kansas City market; Pan Am dentala full-service manufacturer and distributor of high-quality, custom dental products; PlanIT Group, a provider of a full suite of IT consulting and staffing solutions for the government and commercial sectors; and Colorado Barricadea provider of road safety, pavement marking, traffic control and sign installation solutions for commercial customers, utility contractors and road infrastructure maintenance providers in the Rocky Mountain region.
Email: [email protected]
Email: [email protected]