Nivel

Nivel is a leading independent distributor of aftermarket golf car replacement parts and accessories. When Sentinel invested, Nivel supplied more than 2,000 golf car part SKUs, including battery parts, bearings, brake parts, chargers, body accessories, motor parts, and related replacement parts for all makes and models, including Club Car, E-Z-Go, and Yamaha. Nivel is recognized for its leading product catalog, distributed to 1,800 dealers worldwide. Nivel also publishes Golf Car News, a bimonthly magazine targeted at golf car dealers and related service providers, and The Cart Trader, a classified newsletter for buyers and sellers of used golf cars.

With Sentinel’s support, Nivel made two add-on acquisitions, positioned itself to serve customers throughout the United States, and more than doubled its sales and profits. Having achieved substantially all of our investment objectives, Sentinel sold Nivel to Audax Group in 2007.