This was posted on the VMF by Rick Schmidt from NPD
Anyone remember Carl Pendley, "Mr. Mustang"??? Well, Carl passed away, his family carried on for a few years, and then in 2014 sold Mr. Mustang to a Private Equity group called RPUI, which owns several mostly-GM restoration parts manufacturers/wholesalers. In 2015, RPUI acquired Corvette America, so they re-named Mr. Mustang as "Mustang America", and moved everything into the Corvette America facility in PA.
Now, apparently, they've created an "umbrella" called Top Flight Automotive, and moved Mustang and Corvette America under that umbrella. Also, it looks like they're resuscitating the old Mr. Mustang name for the 65-73 classic parts.
Now, ownership may have changed, because Top Flight claims to be owned by "Extra Mile Brands", which I cannot connect back to RPUI. That doesn't mean they're not connected at the hip by the same PE investment team, I just can't say. All I know is that, typically with PE, ownership changes hands within a 7 year period. But recent changes in tax code (Trump) may have changed that game. I don't know.
Anyhow, somewhere, under all those layers of acquisitions and name changes and moves and whatnot, lays the remnants of Carl Pendley's original business.