Quarton International advises Wynnchurch Capital in the sale of the Mexico-based operations of U.S. Manufacturing Corporation to American Axle & Manufacturing Holdings

Tombstone USM 2017 englisch
Overview

Transaction

The Mexico-based operations of U.S. Manufacturing Corporation, a portfolio company of Wynnchurch Capital, have been acquired by American Axle & Manufacturing Holdings, Inc., (NYSE: AXL).  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

American Axle & Manufacturing Holdings, Inc. (www.aam.com) is a world leader in the manufacturing, engineering, design and validation of driveline and drivetrain systems and related components and modules, chassis systems, electric drive systems and metal-formed products for light trucks, sport utility vehicles, passenger cars, crossover vehicles and commercial vehicles. In addition to locations in the United States (Michigan, Ohio, and Indiana), AAM also has offices or facilities in Brazil, China, Germany, India, Japan, Luxembourg, Mexico, Poland, Scotland, South Korea, Sweden and Thailand.

Logo American Axle

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

Photo Eric VanDam

Eric J.
Van Dam

Managing Director
Mergers & Acquisitions, Cowen

+1 248 9884 523
Email

Similar Transactions

Tombstone Fisker Spartan Transaction 2020 en
Tombstones Glebar Arcline Transaction 2020 eng
Tombstone VectoIQ Nikola Transaction 2020 en
Tombstone BE Novum Bauder transaction 2020 en
Tombstone Shaw Monomoy Transaction 2020 en
Tombstone IOP Polyvision Transaktion Cowen 2020 en
Tombstone Bregal EA Transaction 2019 en
Tombstone LC Materials SRM Transaction 2019 en