Quarton International advises Wynnchurch Capital in the sale of the U.S. operations of U.S. Manufacturing Corporation to Dana Incorporated

Tombstone USM 2017 englisch
Overview

Transaction

The U.S. operations of U.S. Manufacturing Corporation (“USM” or the “Company”), a portfolio company of Wynnchurch Capital, have been acquired by Dana Incorporated (NYSE: DAN).  U.S. Manufacturing Corporation is a leading manufacturer of highly specialized axle housings, driveline shafts and other components for the North American automotive market.  Its products are used in light, medium and heavy-duty truck, SUV and commercial van platforms and sold to Tier I and OEM customers.

Quarton International acted as the exclusive investment banking advisor to U.S. Manufacturing Corporation in connection with the transaction.

Client

U.S. Manufacturing Corporation is a leading manufacturer of axle housings, driveline shafts and other components for the North American automotive market.  Its products are used in light, medium and heavy-duty truck, SUV and commercial van platforms and sold to Tier I and OEM customers. USM has developed a proprietary VARI-LITE® extrusion process, which allows for the design of variable wall thickness components with reduced mass and improved performance.

Logo USM

Buyer

Dana Incorporated (www.dana.com) is a world leader in highly engineered solutions for improving the efficiency, performance, and sustainability of powered vehicles and machinery.  Dana supports the passenger vehicle, commercial truck, off-highway, and industrial markets as well as industrial and stationary equipment applications.  Founded in 1904, Dana employs approximately 27,000 people in 34 countries on six continents who are committed to delivering long-term value to customers.  The company reported sales of more than $5.8 billion in 2016.

Logo Dana

Wynnchurch Capital (www.wynnchurch.com) was founded in 1999 and is a leading middle-market private equity investment firm headquartered in the Chicago suburb of Rosemont, Illinois with offices in California and Canada.  Wynnchurch’s strategy is to partner with middle market companies in Canada and the United States that possess the potential for substantial growth and profit improvement. Wynnchurch Capital manages a number of private equity funds with $2.3 billion of capital under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs and restructurings.

Logo Wynnchurch

Contact

Photo Andre Augier

André A.
Augier

Vice Chairman
Investment Banking, Cowen

+1 248 9884 519
Email

Photo Rob Parker

Robert S.
Parker

Managing Director and Head
Sell-Side Mergers & Acquisitions, Cowen

+1 248 9884 533
Email

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