Chrome Capital Announces Partnership with Comvest Partners

Comvest will provide a $20 million credit facility to Chrome Capital to support the company's TestRide lease program for used Harley-Davidson motorcycles.

If a powersports dealer cares about it, MPN covers it.

Published: Aug 14, 2013

Chrome Capital LLC has announced its partnership with Comvest Partners of West Palm Beach, Fla. Comvest will provide a $20 million credit facility to Chrome Capital to support the company’s TestRide lease program for used Harley-Davidson motorcycles.

"We are excited about our partnership with Comvest," said Peter Wasmer, CEO of Chrome Capital. "With the initial $20 million from Comvest, we are well-positioned to fund Chrome’s projected growth."

Added Jason Gelberd, managing director of Comvest Partners, "Chrome Capital’s management team has created a unique offering that has been widely accepted by the dealer community and riders around the country in a short period of time. Their proprietary systems support its expansion and give it scalable trajectory."

Honda to Support MotoAmerica Mini Cup

The youth-focused championship is open to riders of Groms and some CRF-F models.

By Meagan Kusek

Meagan Kusek is the editor of Motorcycle & Powersports News. Since 2016, she has been covering various aspects of the B2B automotive markets, including professional carwashes, auto dealerships, motorcycle/powersport dealerships and collision repair shops.

Published: Apr 19, 2024

Following American Honda's recent announcement that it is offering the powersports industry's most generous contingency payouts for MotoAmerica's Superbike and Stock 1000 classes, the company revealed that it is supporting MotoAmerica's Mission Mini Cup, for which it is now an official supporting manufacturer. Touted by MotoAmerica as the first step in a process that could lead talented young racers to eventually reach elite levels of competition, the Mini Cup offers an opportunity for Red Riders to push themselves on challenging kart tracks, riding Honda miniMOTO models, including the Grom, CRF110F, CRF50F and more.