Holley Announces Closing of Business Combination With Empower
Holley Inc. (Holley or the Company), the largest and fastest growing platform in the enthusiast branded performance automotive aftermarket category, today announced the closing of its previously announced business combination with Empower Ltd. (Empower), a publicly traded special purpose acquisition company formed by MidOcean Partners.
- Holley Inc. (Holley or the Company), the largest and fastest growing platform in the enthusiast branded performance automotive aftermarket category, today announced the closing of its previously announced business combination with Empower Ltd. (Empower), a publicly traded special purpose acquisition company formed by MidOcean Partners.
- Matthew Rubel, Chief Executive Officer and Executive Chairman of the Board of Directors of Empower, will serve as Chairman of the Board of Directors at Holley.
- We are pleased to close the business combination with Holley and officially list the Company on the New York Stock Exchange, said Matthew Rubel, the Chairman of Holleys Board of Directors.
- Empower was a blank check company formed by MidOcean Partners whose business purpose was to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.