Tucker Powersports is heading into AIMExpo next week with a big bankroll! The distribution giant held a Town Hall meeting to announce that the ownership group has secured additional funding for the company. Tucker now services more than 8,000 brick & mortar dealer customers in the United States.
“We are committed to the success of Tucker and its partners,” Monomoy Capital Partners Senior Operating Partner Ethan Klemperer told Tucker vendors on Wednesday, February 1, 2023. He expressed that the ownership group are "big believers in the powersports market” and support Tucker’s new brand partners like Dainese and Forcite as well as market expansion into EVs, overlanding and other recent initiatives.
According to Klemperer, this funding will come from existing sources and will support Tucker's current operations and projects driving long term growth for the Fort Worth-based industry leader. Monomoy acquired Tucker in 2018 during the MAG/Tucker shakeup and has been supportive of Tucker’s push into new markets… 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.
For the full scoop on what Tucker has planned for AIMExpo and beyond, check out the AIMExpo issue and map out your trip to Las Vegas next week!