West Palm Beach, Florida, December 2007 – The ComVest Group has acquired Southern Comfort Conversions (“Southern Comfort”). The largest vehicle converter in the United States, the Company has both strategic alliances with automobile manufacturers, particularly General Motors, and a large dealer distribution network. Through its alliance with GM, the Company has recently secured exclusive contracts to produce Special Edition Hummers and customized Cadillac Escalades. ComVest anticipates the company is well positioned for significant growth.
About Southern Comfort
Southern Comfort is a vertically integrated manufacturer and chassis converter for General Motors, Ford and Dodge. Southern Comfort is the largest automobile aftermarket up-fitter in the United States and provides specialty manufacturing services to the marine, motor home and golf industries. The Company provides a superior and unique paint job to standard vehicles off the assembly line, and creates custom lighting, proprietary ground effects and wheels, and an attractive interior finish. This customized look creates a very appealing and distinct product for dealers who are increasingly looking for differentiation as a competitive edge in the marketplace and allows dealers the opportunity to close higher margin sales. For more information please visit www.scomfort.com.
The ComVest Group is a leading investment firm focused on investing in middle-market companies in a debt or equity capacity. Since 1988 ComVest has invested more than $2 billion of capital in over 200 public and private companies worldwide. Through our extensive financial resources and broad network of industry experts, we are able to offer our companies total financial sponsorship, critical strategic support, and business development assistance. Our focus is centered on building industry leading companies and creating long term value for equity holders. For more information on ComVest, visit www.comvest.com.