AAMP of America has purchased high tech aftermarket car kit maker Intraphex for an undisclosed sum.
Aamp purchased Intraphex from owner Tatmar, buying the rights to its assets and intellectual property including R&D, operations and its distribution facility in Grand Blanc, Michigan.
Intraphex manufacturers advanced custom kits to upgrade factory radios and rearview mirror with built-in displays.
Ron Freeman, President and CEO of AAMP of America, said, “Intraphex is a young technology company with a lot of energy and innovative ideas.” He noted its manufacturing facility is located near the research facilities of the major US automakers. “Additionally, Intraphex will benefit from additional resources that will position it for greater growth and profitability,” said Freeman.
Brad Chapple, Intraphex CEO, said, “I see this acquisition as the best possible move for Intraphex as a technology innovator, as well as our customers who have come to expect great things from us. I’m very proud of what we’ve accomplished at Intraphex so far, and our new relationship with AAMP of America will allow us to leverage their expertise, resources and relationships to grow to even greater heights.”
The new module allows the addition of aftermarket in-dash navigation and a backup camera to the Ford/Lincoln system. It works seamlessly with the car’s factory touch screen and all audio cues are announced through the car’s sound system.
Aamp is a portfolio company of Audax Private Equity. It owns brands including Stinger Electronics, Pacific Accessory Corporation (PAC), American International, iSimple, Phoenix Gold and Precision Interface Electronics (PIE).
Source: Aamp of America