Fellers Announces Recapitalization and New Ownership

Fellers (Tulsa, OK), a leading distributor of vinyl wraps, films and software to automotive shops, has finalized the terms of a recapitalization transaction that strengthens its balance sheet and financial foundation, according to a press release.

Fellers will be owned by a consortium of leading investment firms, allowing Fellers to invest in its people, operations and growth initiatives critical to long-term success. No impact on its existing customers, vendors or operations is anticipated.

“We are pleased with the successful outcome of this recapitalization, which enhances our balance sheet and financial flexibility to better support the growth and resilience of our business and brand,” Philip LaFata, Chief Executive Officer of Fellers, is quoted in the press release. “We’re grateful for the continued support of our financial partners and are excited about what lies ahead. We now look forward to focusing on delivering the exceptional service and products our customers rely on.”

For more information, visit fellers.com.