Daily News: February 9, 2018

TCF Supports Superior Capital/Rostra Precision Acquisition


TCF Capital Funding provided secured financing to support Superior Capital Partners and Rostra Precision Controls in their acquisition of Auer Automotive.

Through its OEM/port, commercial/fleet and 12-volt automotive accessories business, Rostra is a manufacturer of add-on safety, comfort and convenience products including aftermarket cruise control systems, a variety of lighting accessories, parking assistance and obstacle detection systems, exterior vehicle camera systems, lumbar supports and seat heaters.

Headquartered in Jacksonville, FL, Auer Automotive is a supplier of OEM Quality LED daytime running light kits, LED fog light kits, halogen fog light kits and exterior accessory kits.

“The combination of Rostra and Auer is complementary to both companies. The Auer product line fits well inside the Rostra product portfolio and can be another source of growth in the company’s expanding presence in the heavy-duty market,” said TCF Capital Funding Assistant Vice President Nick O’Brien.