LINE-X Augments Aftermarket Services with GFX Acquisition
June 29, 2012
LINE-X Protective Coatings, a portfolio company of Graham Partners, has assumed a controlling interest in automotive accessory maker and uplift service provider Ground Effects (GFX). The transaction allows LINE-X, a provider of high-performance protective coatings with more than 425 franchises in North America, to expand its aftermarket services and grow its network. Graham Partners first invested in LINE-X in 2005 and has previously sponsored four add-on deals on behalf of the company.