TPEG portfolio company Freedom Powersports entered into a management agreement on February 24, 2014 to begin operating Kawasaki of Carrollton in Carrollton, Texas. Freedom took control of this dealership on May 1, 2014 with the intent to complete a purchase of all of its operating assets.
Freedom moved this dealership from a major thoroughfare in Carrollton to a major freeway in Farmers Branch, enhancing its revenue generating capacity. After receiving approval from Kawasaki, the asset purchase closed on June 4, 2015. TPEG has helped Freedom grow from two locations to nine locations over the past two years and expects to complete the purchase of three more locations next week.