About Andrews Products
Based in suburban Chicago, Andrews Products (“Andrews”) designs and manufactures precision-engineered camshafts and transmission gears, serving both street and racing markets across the United States.
For more than 50 years, the Andrews name has stood for performance, quality, and innovation — values that built a nationally recognized brand within the motorcycle, motorsports, and automotive communities.
The Challenge
As founder John Andrews approached retirement, the Andrews family faced a pivotal decision: how to secure the Company’s future while honoring its legacy.
The Company’s Chicago-based accounting firm introduced Andrews Products to Chris, and Promontory was engaged to explore strategic alternatives and identify a partner aligned with the family’s long-term goals and values.
The Approach
Promontory led a targeted and confidential outreach process that generated strong interest from multiple strategic and financial acquirers.
After a comprehensive evaluation, Racing & Performance Holdings — a platform of Taglich Private Equity — emerged as the ideal partner to carry the Andrews legacy forward.
The transaction successfully closed in Q4 2024, positioning Andrews Products within a larger industry platform that shares its passion for performance and innovation.
Client Reflection
“Chris Riegg’s expertise and guidance were essential in facilitating a smooth transition of our family’s ownership, ensuring that the Company, its brand, and its loyal employees would continue to thrive. We now have access to additional resources and capabilities, and we are confident that Mr. Andrews would be excited about what the future holds for Andrews Products.”
— Michael Pedersen, General Manager, Andrews Products, Inc.
Why This Matters
The Andrews Products transaction reflects the thoughtful stewardship required when guiding a multigenerational business through transition. It exemplifies
Riegg Insights’ core philosophy:
- Expertise with empathy
- Precision with purpose
- Results that respect both people and performance
Riegg Insight
Family-owned businesses often face complex transitions that blend emotion with strategy.
Having an experienced advisor who can honor both is key to a successful outcome — and that’s the standard Riegg Insights brings to every engagement.
Interested in exploring your company’s next chapter?
By Christopher Riegg
Christopher Riegg is an investment banking professional with over three decades of experience providing strategic and financial guidance to business owners and executives. As a partner at Promontory Point Capital, Christopher Riegg has worked with over 200 companies across various industries, including manufacturing, distribution, technology, and services. His focus areas include mergers and acquisitions, debt restructuring, recapitalization, and private equity capital.
