5 Minutes With Brian Huck, CEO Of The Eastwood Company
Huck is CEO of The Eastwood Company, which recently made its first acquisition under private equity ownership.
Coker Group Expands Under New Name: Legendary Companies
This rebrand represents a major expansion in potential scope for Legendary Companies, particularly in the fast-growing performance vehicle and late-model aftermarket sectors. These sectors are expected to be major targets for Legendary Companies and its private equity firm partner Irving Place Capital in future acquisitions.
Honeywell Announces Board Chairman For Transportation Systems Spinoff
Carlos Cardoso (pictured) is the principal of CMPC Advisors, which has focused on helping private equity companies make investments in the industrial, manufacturing and distribution sectors since January 2015.
Former Ford CEO Mark Fields Joins ATD Board Of Directors
Fields recently joined TPG Capital, a private equity firm and ATD shareholder, to focus on TPG’s industrial practice. His forward-thinking approach to supply chain operations and deep expertise in the automotive industry aligns with ATD and its subsidiaries future growth strategy.
Dorman Products Announces Appointment Of Kelly Romano To Its Board Of Directors
Romano has been an executive advisory board member of Gryphon Investors, a private equity firm focused on middle-market investment opportunities, since December 2016, and a senior advisory partner for Sand Oak Capital Partners LLC, a private equity firm focused on industrial and manufacturing investments, since May 2016.
3M To Sell Its Tolling And Automated License/Number Plate Recognition Business
The business will be sold to Neology Inc., a subsidiary of SMARTRAC, a portfolio company managed by One Equity Partners, a middle-market private equity firm.
Accuride Reaches Agreement To Acquire KIC
The addition of KIC marks Accuride’s first acquisition under the ownership of Crestview Partners, a leading New York-based private equity firm.
Axalta Welcomes Elizabeth Lempres To Board Of Directors
Lempres is a senior partner at McKinsey & Co., a leading management consulting firm, where she also serves as a member of the firm’s board of directors, leads its Global Private Equity and Principal Investing Practice and serves on the board of directors of the McKinsey Investment Office.
Valeo Signs Agreement To Acquire German FTE Automotive
Valeo has signed an agreement with Bain Capital Private Equity, owner of FTE automotive, to purchase 100 percent of FTE automotive for a purchase price corresponding to € 819.3 million (approximately $931 million USD), representing an estimated EBITA multiple of 8 times for 2016.
Rhiag-Inter Auto Parts Italia S.p.A. To Be Sold To LKQ Corp.
The business was acquired with funds from private equity investment group Apax Partners. Rhiag operates through 247 distribution centers and 10 warehouses, and serves more than 100,000 professional clients.
