11/8/2018

RACE WINNING BRANDS ACQUIRES FALICON

RACE WINNING BRANDS ACQUIRES FALICON



MENTOR, Ohio (November 7, 2018) – Race Winning Brands, Inc., a portfolio company of Kinderhook
Industries, LLC is pleased to announce the acquisition of Falicon Crankshaft Components, Inc, a
prominent manufacturer of high performance powersports engine components including crankshafts,
connecting rods, camshaft sprockets, and racing clutches. Falicon represents the fourth add-on
acquisition for Race Winning Brands.

Race Winning Brands is the leading manufacturer of high performance and racing related components
sold to the automotive and powersports markets. RWB is headquartered in Mentor, Ohio and markets its
products globally through a portfolio of leading brands, including JE Pistons, Wiseco Performance
Products, K1 Technologies, Diamond Pistons, Trend Performance, Dart Machinery, Rekluse Motor
Sports, and ProX Racing Parts.

Founded in 1977, Falicon offers both off-the-shelf and custom-made race engine components utilizing
extensive CNC machines, crankshaft grinders and gear shaping equipment. Falicon crankshaft
assemblies have successfully powered engines to NHRA Pro Stock and AMA Supercross victories, along
with leading countless racers and enthusiasts to wins across all powersport segments. Falicon’s former
owner, Glenn Salpaka, will continue to play a leading role within the organization as Technical and
Operations consultant. “I’m excited about the future of Falicon,” explained Mr. Salpaka. “The RWB team
possesses extensive industry experience and resources which will be extremely beneficial for not only
Falicon, but our customers. Together, we plan to expand our customer service, capabilities, and
technology.”

In addition to retaining the current management team, industry veterans Devin Rickey and Jack Sparks
will join Falicon in leadership roles. Rickey, a proven race component engineer and operations leader
with most notable experience at McLaren Performance Technologies and Arrow Racing Engines, joins
Falicon as General Manager and Chief Engineer. Sparks, ex-President of Carrillo and 40-year veteran of
connecting rod design and manufacturing, joins Falicon as Technical Director.

“For decades, Falicon has been known to the powersports racing community as a trusted brand and high-
quality manufacturer of crankshafts and connecting rods,” said Brian Reese, Chief Executive Officer of

Race Winning Brands. “Falicon products fit perfectly into our engine parts focused strategy. We have
already begun investing in the expansion of Falicon’s capabilities and look forward to expanding their
offerings quickly. In support of this strategy, we’re updating the business name to Falicon Racing."
Tom Tuttle, Managing Director of Kinderhook Industries, stated, “We are excited about Race Winning
Brands adding another premium powersports brand to its stable of branded products. The strong strategic
fit will enable RWB to leverage growth and expansion across the market.”
The company will continue operating from their headquarters and manufacturing facility in Clearwater,
Florida.

Pictured
(Left) Brian Reese, Race Winning Brands CEO, (Center) Glenn Salpaka, Falicon former owner and
Technical and Operations Consultant, (Right) Devin Rickey, General Manager and Chief Engineer.
About Race Winning Brands ...
Race Winning Brands (RWB) is the leading manufacturer of racing and high-performance parts sold to
automotive and powersports markets. RWB is the preferred source for high-end pistons, engine blocks,

cylinder heads, intake manifolds, connecting rods, crankshafts, clutches and other engine and driveline-
related performance components. RWB markets its products through multiple prominent brands including

JE Pistons, Wiseco Performance Products, K1 Technologies, Diamond Pistons, Trend Performance,
Rekluse Motor Sports, Falicon Racing, ProX Racing Parts, and Dart Machinery. RWB sells to a diverse
and unmatched customer base of professional and sportsman racers, engine builders, enthusiasts,
OEMs, automotive and powersports dealers and wholesale distributors. RWB is headquartered in Mentor,
Ohio with sales offices and manufacturing operations in strategic locations throughout the United States,
Canada, Europe and Asia.

For more information, please visit: racewinningbrands.com, jepistons.com, wiseco.com,
diamondracing.net, trendperform.com, k1technologies.com, faliconcranks.com, pro-x.com, rekluse.com,
and dartheads.com

About Kinderhook Industries...
Kinderhook Industries, LLC is a private investment firm that manages over $2.0 billion of committed
capital. We have made in excess of 180 investments and follow-on acquisitions since inception.
Kinderhook''s investment philosophy is predicated on matching unique, growth-oriented investment
opportunities with exceptional financial expertise and our proprietary network of operating partners. Our
focus is on middle market businesses with defensible niche market positioning in the healthcare services,
environmental / business services, and automotive / light manufacturing sectors. We have a track record
of successfully and consistently building industry leaders.
For more information, please visit: www.kinderhook.com
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