US: Highlander Partners buys Hi-Tech Industries

Dallas, Texas-based investment firm Highlander Partners has acquired Hi-Tech Industries, a car care product accessories and specialty aerosols provider based in Farmington, Michigan.

Hi-Tech Industries will be run independently by its current CEO, Herschel Wright, continuing its operations from its two facilities in Farmington, Michigan and Southfield, Michigan.

“I am excited to partner with Highlander to accelerate our success as a leader in the professional automotive appearance industry and to add to our resources to allow us to grow our business in other markets,” said Wright.

Highlander´s President and Managing Partner, Jeff L. Hull, recognized Hi-Tech's product lineup as complementary to building a comprehensive portfolio in car care products.

"The addition of Hi-Tech to our growing family of brands further reinforces our strategy to build a leading business in professional automotive products including car wash, auto dealership, auto auction and professional detailer markets," said Hull.

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