Kian-Backed T Sportline Named One of the 40 Fastest-Growing Companies in Georgia

Kian Capital-backed T Sportline, a pioneer and leading e-commerce provider of premium-branded aftermarket parts and accessories designed specifically for Tesla and other electric vehicles, has been named as one of the 40 fastest-growing companies in Georgia by the Atlanta Chapter of the Association for Corporate Growth® (ACG). ACG, a global professional organization with the mission of Driving Middle-Market Growth®, will present the awards and official ranking of the companies at the 2023 Georgia Fast 40 celebration at the Buckhead Theatre on June 27, 2023.

“The companies being honored this year exemplify ACG’s focus on driving middle-market growth and demonstrate the strength and significance of this sector in Georgia,” said Meg Williams, Executive Director of the Association for Corporate Growth’s Atlanta chapter.

T Sportline is the world’s first, largest and fastest-growing exclusively EV-focused automotive aftermarket company. Founded in 2013 and historically Tesla-centric, the company has developed a full suite of custom wheels and interior and exterior accessories that inspire customers interested in upgrading their electric vehicles with modifications that enhance the look of their cars and provide tangible performance gains. T Sportline’s understanding of the nuances of top EV platforms such as Tesla, Rivian and Lucid ensures products are well designed, of the highest quality and created with the challenges of EV in mind. A digitally native business, T Sportline sells both direct-to-customer via e-commerce and through a wholesale network of dealers, delivering a rich online content experience for EV enthusiasts.

“This recognition highlights our dedication to innovation and the pursuit of excellence in being the first and original source for upgrading and customizing enthusiast EVs and bringing must-have products to market,” said Brian Reese, CEO of T Sportline. “Our team is at the heart of this award, working day in and day out with passion, hustle, grit and a never quit mentality. We are proud of the positioning and revenue growth we’ve accomplished while building T Sportline’s infrastructure as the demand trajectory for the EV sector continues on an upward trend. With so many incredible businesses in Georgia, we are honored to be recognized for our efforts in scaling vision into reality, and humbled to be among such distinguished company.”

Driven by increased adoption, supportive government regulations and a surge of new entrants, the EV industry is experiencing rapid growth. Since Kian invested in T Sportline in June 2021, Tesla has nearly tripled the number of annual vehicles it has produced, from approximately 500,000 vehicles to 1.37 million. Analysts expect that Tesla production will exceed 2.5 million vehicles annually by 2024 due to continued consumer adoption and the introduction of the Cybertruck and Roadster.

“It is hard to believe it has been only two years since our investment and a year and a half since we brought on Brian as CEO,” said Caldwell Zimmerman, Principal at Kian. “Brian’s strategic leadership and his impressive team have brought about a dramatic year of growth and change. T Sportline is an innovative business and first mover in the rapidly growing, red-hot EV market. The sky is literally the limit.”

Applicants were required to submit three years of verifiable revenue and employment growth records, which were validated by national accounting firm Cherry Bekaert LLP. An ACG Committee evaluated each company and conducted in-person interviews with all qualified applicants. All companies on the list are for-profit and headquartered in Georgia.

“These 40+ companies represent almost 10,000 new jobs and over $2.6 billion in revenue growth over the last three years,” added Brooks Morris of the Georgia Fast 40 Awards and Principal with Cresa. “In speaking with many of the CEOs, the supportive business environment and accessibility of capital are contributors to growth.”

Kian Capital and T Sportline are actively seeking partnerships and acquisitions to help the company serve new EV platforms. Contact David Duke, Partner, Business Development at Kian, at dduke@kiancapital.com with interest.