, Holley is combining with the SPAC Empower Ltd. to go public. Sentinel will be the combined company’s largest shareholder if the deal goes through. The roughly $1.55 billion valuation includes debt.
Holley makes and sells parts—including fuel-injection systems, carburetors, engine products and exhaust systems—for high-performance cars. Based in Bowling Green, Ky., it markets to car and truck enthusiasts to personalize their vehicles with brands such as MSD, Flowmaster and Accel.Founded more than 115 years ago, Holley had net sales in 2020 of about $580 million, up more than 25% from the year prior.
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