TCF Capital Funding provided $20.5 million of secured financing to support the acquisition of Superwinch Holding by New York-based private equity firm, Kinderhook Industries.

Headquartered in Dayville, CT, Superwinch is the largest privately held winch manufacturer in the world. The company markets to both consumer and industrial customers through a diverse array of product offerings that include electric winches, hydraulic winches, power drives, accessories, parts and hubs.

“Kinderhook has significant experience investing in automotive aftermarket companies. This acquisition represents Kinderhook’s 7th automotive aftermarket platform investment along with a number of additional add-on acquisitions in the automotive aftermarket sector. We are excited to once again partner with the Kinderhook team and look forward to helping them grow Superwinch,” said TCF Capital Funding senior vice president Thomas Karle.