WorldMark is Australia’s leader in the supply and installation of automotive aftermarket products such as window tint, paint protection, engine additives and electronics. Under the Martin Energy Products brand it is also the market leader in the wholesale distribution of window film for architectural and automotive applications.
Pemba Capital Partners backed a management buyout (MBO) of WorldMark in June 1999. In 2001, Pemba led the acquisition of WorldMark’s primary competitor, the Motor One Group, resulting in the creation of Australia’s largest automotive aftercare provider to car dealers.
In 2004, Pemba transferred its shareholding in WorldMark to an international automotive finance group. The investment IRR was circa 25% over the five year hold.