Castle Harlan acquires IDQ

Castle Harlan, Inc., the New York private equity investment firm, an affiliate of Castle Harlan Partners V, completed the acquisition of IDQ Holdings, Inc., the industry leader in Do-it-Yourself (“DIY”), branded automotive aftermarket products for servicing and repairing automotive air conditioners. ┬áThe total transaction is valued at approximately $160 million before working capital adjustments.

The Valence Group acted as financial advisor to Castle Harlan in this transaction.