# Fox Factory to acquire Ridetech for $14 million

Fox Factory Holding Corp. has agreed to acquire substantially all assets of Air Ride Technologies dba Ridetech, a manufacturer of suspension systems, for approximately $14 million. The transaction is expected to close in May 2019.

- Type: Acquisition
- Announced: 2019-05-01
- Where: Braselton, Georgia, United States
- Value: $14.0M
- Status: announced
- Products: suspension systems, air suspension, shock absorbers
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Fox Factory Holding Corp.](https://endata.com/companies/39252.md) (acquirer)
- [Air Ride Technologies](https://endata.com/companies/39253.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2019/05/01/1813831/0/en/fox-factory-holding-corp-to-acquire-substantially-all-assets-of-ridetech-to-expand-its-powered-vehicles-business.html), 2019-05-01: "The strategic, accretive acquisition of Ridetech is well-aligned with our mission of improving vehicle performance, delivering best-in-class service, and entering into strategic adjacent markets."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.