MPE Partners along with portfolio company Hi-Tech Industries, have made a strategic investment in 3D International, LLC d/b/a 3D Car Care, a vertically-integrated designer and manufacturer of premium vehicle care and detailing products sold through professional and consumer channels. 3D offers a comprehensive line of innovative and highly efficacious compounds, polishes, waxes, ceramic coatings, liquid chemicals, and hard good accessories serving customers across the United States and over fifty countries worldwide.
MPE partnered in the transaction with 3D's founder, Tunch Goren, as well as its management team, led by President Juan De Rada. Nathan Iverson, Chief Executive Officer of Hi-Tech, said, "Tunch and his team have established 3D as an industry leader in product innovation and abrasive technology coupled with a go-to-market strategy that appeals directly to the most highly skilled paint, body, and equipment and detailing professionals as well as discriminating enthusiasts. Hi-Tech is excited to welcome 3D as a sister company in the MPE portfolio."
Apogem Capital provided financing to support the transaction. Jones Day served as legal advisor to MPE. Parcrest Advisors acted as the investment banking advisor to 3D.