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Tuesday 14 February 2023

Tucker Powersports

Tucker - Additional Funding

Fort Worth, Texas based Tucker Powersports has announced that that the company’s ownership group has provided additional funding for the company.

"In the past 24 months, Tucker has become a leader in electric mobility recreation in the powersports industry and has added several exclusive distribution agreements with companies focused on products for the industry’s evolving customer base.

"The funding will support Tucker’s current operations and projects, driving long-term growth for the company."

Tucker presently sells to some 8,000 'Brick and Mortar' dealerships in the US motorcycle and wider powersports industry. The "ownership group" are Monomoy Capital Partners and Contrarian Capital Management - two of the three original Private Equity investors who acquired Tucker as part of the now defunct MAG operation in 2017.