Industrial Opportunity Partners (IOP), a private equity firm based in Evanston, Illinois, which owns Edelbrock, has purchased the COMP Performance Group.

The plan is for Edelbrock and the COMP Performance Group to operate as independent organizations. Both teams will continue to provide the same designs, products and services which made them household names in the aftermarket industry.

Edelbrock products are made in the U.S., along with Russell brands, produces numerous items, including early- and late-model performance cars, trucks, JDM and off-road applications.

The COMP Performance Group includes such brands as COMP Cams, TCI, FAST, RHS, ZEX, Inglese and many others.