American Industrial Partners Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, American Industrial Partners has acquired 6 companies.

American Industrial Partners’ most common sectors for investment aremachinery (24%) and automotive (13%) . The Firm’s most common investment types include buyout (lbo, mbo, mbi) (35%) and divestiture (32%). In total, American Industrial Partners has invested in 24 US states and 6 different countries. Its largest (disclosed) acquisition occurred in 2017 when it acquired Molycop for $1.2B.

In the last 3 years, American Industrial Partners has exited 5 companies. The Firm’s most common exit type is secondary buyout (38%). American Industrial Partners’ largest (disclosed) exit occurred in 2022 when it sold The Vertex for $2.1B.

Join Mergr to view American Industrial Partners’ full profile and discover more mega-sized private equity firm investors just like it.

M&A Summary

M&A Total Activity71
- M&A Buy Activity47
- M&A Sell Activity24
Total Sectors Invested 19
Total Countries Invested 6
M&A Buy/Sell Connections 22
M&A Advisors 12

American Industrial Partners

Transaction Criteria	Min	Max
Target Revenue	500	-
Target EBITDA	-	350
Investment Size	-	-
Enterprise Value	-	2,000
values in millions of USD

Transaction Criteria

Min

Max

Target Revenue

500

Target EBITDA

350

Investment Size

Enterprise Value

2,000

values in millions of USD

Year	≤ '19	'20	'21	'22	'23	'24	T
Buy (1.8/yr)	#	38	3	5	1	-	-	47
vol	$2.7B	$1.2B	$920M				$4.8B
Sell (1.0/yr)	#	19	-	3	1	-	1	24
vol	$500M		$338M	$2.1B		$296M	$3.2B
	71

Year

≤ '19

'20

'21

'22

'23

'24

Buy (1.8/yr)

vol

$2.7B

$1.2B

$920M

$4.8B

Sell (1.0/yr)

vol

$500M

$338M

$2.1B

$296M

$3.2B

Company	Date	Value	Type
The Carlstar Group LLC	2024-02-29	296M USD	Trade Sale
Franklin, Tennessee · www.carlstargroup.com
The Vertex Co.	2022-03-07	2.1B USD	Merger
Madison, Mississippi · www.vtxco.com
Strike, Inc.	2022-02-16	-	Buyout (LBO, MBO, MBI)
The Woodlands, Texas · www.strikeusa.com
RelaDyne, Inc.	2021-12-23	-	Secondary Buyout
Cincinnati, Ohio · www.reladyne.com
AHF LLC	2021-11-10	-	Secondary Sale
Mountville, Pennsylvania · www.ahfproducts.com
Aluminium Dunkerque Industries France SAS	2021-10-01	-	Special Situations/Distressed
Dunkerque, France · www.aluminiumdunkerque.fr
ACProducts, Inc.	2021-04-05	-	Secondary Sale
Ann Arbor, Michigan · www.cabinetworksgroup.com
GD Energy Products	2021-02-16	-	Divestiture
Houston, Texas · www.gdenergyproducts.com
Gerber Technology, Inc.	2021-02-08	338M EUR	Trade Sale
Tolland, Connecticut · www.gerbertechnology.com
Attindas Hygiene Partners Group	2021-01-08	920M USD	Divestiture
Raleigh, North Carolina · www.attindas.com
View All >>

Company

Date

Value

Type

The Carlstar Group LLC

2024-02-29

296M USD

Trade Sale

Franklin, Tennessee · www.carlstargroup.com

The Vertex Co.

2022-03-07

2.1B USD

Merger

Madison, Mississippi · www.vtxco.com

Strike, Inc.

2022-02-16

Buyout (LBO, MBO, MBI)

The Woodlands, Texas · www.strikeusa.com

RelaDyne, Inc.

2021-12-23

Secondary Buyout

Cincinnati, Ohio · www.reladyne.com

AHF LLC

2021-11-10

Secondary Sale

Mountville, Pennsylvania · www.ahfproducts.com

Aluminium Dunkerque Industries France SAS

2021-10-01

Special Situations/Distressed

Dunkerque, France · www.aluminiumdunkerque.fr

ACProducts, Inc.

2021-04-05

Secondary Sale

Ann Arbor, Michigan · www.cabinetworksgroup.com

GD Energy Products

2021-02-16

Divestiture

Houston, Texas · www.gdenergyproducts.com

Gerber Technology, Inc.

2021-02-08

338M EUR

Trade Sale

Tolland, Connecticut · www.gerbertechnology.com

Attindas Hygiene Partners Group

2021-01-08

920M USD

Divestiture

Raleigh, North Carolina · www.attindas.com

View All >>

Company	Acquired	Add-On/Sale	Date	#
REV Group, Inc.	2010-08-25	Collins Bus Corp.	2024-01-29	1
Milwaukee, Wisconsin · www.revgroup.com	Hutchinson, Kansas · www.collinsbus.com
ADDMAN Engineering	2021-01-01	Domaille Engineering LLC	2021-12-03	4
Bonita Springs, Florida · www.addmangroup.com	Rochester, Minnesota · www.domailleengineering.com
ADDMAN Engineering	2021-01-01	3rd Dimension Industrial 3D Printing Co.	2021-04-13	3
Bonita Springs, Florida · www.addmangroup.com	Westfield, Indiana · www.print3d4u.com
Optimas OE Solutions LLC	2015-06-02	Stronghold Group	2020-04-06	1
Glenview, Illinois · www.optimas.com	Schwalbach, Germany · www.stronghold-group.eu
Rand Logistics, Inc.	2017-11-21	American Steamship Co.	2020-02-10	1
Jersey City, New Jersey · www.randlogisticsinc.com	Williamsville, New York · www.americansteamship.com
REV Group, Inc.	2010-08-25	Spartan Motors, Inc. - Emergency Response Unit	2020-02-03	10
Milwaukee, Wisconsin · www.revgroup.com	, Michigan
Canam Group, Inc.	2017-07-01	Canam Group - Canadian Operations	2020-01-20	1
Point of Rocks, Maryland · www.cscsteelusa.com	, Quebec
EnTrans International, LLC	2014-09-05	Polar Corp.	2018-03-19	1
Athens, Tennessee · www.entransinternational.com	Montebello, California · www.polarcorp.com
Form Technologies, Inc.	2015-01-01	Dynacast International, Inc.	2018-01-09	1
Charlotte, North Carolina · www.formtechnologies.com	Charlotte, North Carolina · www.dynacast.com
Molycop	2017-01-03	Valmont Industries, Inc. - Mining Consumables Business	2017-08-24	1
Omaha, Nebraska · www.molycop.com	, Australia

Company

Acquired

Add-On/Sale

Date

REV Group, Inc.

2010-08-25

Collins Bus Corp.

2024-01-29

Milwaukee, Wisconsin · www.revgroup.com

Hutchinson, Kansas · www.collinsbus.com

ADDMAN Engineering

2021-01-01

Domaille Engineering LLC

2021-12-03

Bonita Springs, Florida · www.addmangroup.com

Rochester, Minnesota · www.domailleengineering.com

ADDMAN Engineering

2021-01-01

3rd Dimension Industrial 3D Printing Co.

2021-04-13

Bonita Springs, Florida · www.addmangroup.com

Westfield, Indiana · www.print3d4u.com

Optimas OE Solutions LLC

2015-06-02

Stronghold Group

2020-04-06

Glenview, Illinois · www.optimas.com

Schwalbach, Germany · www.stronghold-group.eu

Rand Logistics, Inc.

2017-11-21

American Steamship Co.

2020-02-10

Jersey City, New Jersey · www.randlogisticsinc.com

Williamsville, New York · www.americansteamship.com

REV Group, Inc.

2010-08-25

Spartan Motors, Inc. - Emergency Response Unit

2020-02-03

Milwaukee, Wisconsin · www.revgroup.com

, Michigan

Canam Group, Inc.

2017-07-01

Canam Group - Canadian Operations

2020-01-20

Point of Rocks, Maryland · www.cscsteelusa.com

, Quebec

EnTrans International, LLC

2014-09-05

Polar Corp.

2018-03-19

Athens, Tennessee · www.entransinternational.com

Montebello, California · www.polarcorp.com

Form Technologies, Inc.

2015-01-01

Dynacast International, Inc.

2018-01-09

Charlotte, North Carolina · www.formtechnologies.com

Charlotte, North Carolina · www.dynacast.com

Molycop

2017-01-03

Valmont Industries, Inc. - Mining Consumables Business

2017-08-24

Omaha, Nebraska · www.molycop.com

, Australia

Sector	Current #	Value	All-time #	Value
Machinery	5 (21%)	148M (4%)	11 (23%)	148M (3%)
Automotive	1 (4%)	-	6 (13%)	-
Manufacturing	4 (17%)	1.2B (31%)	4 (9%)	1.2B (29%)
Aerospace	3 (13%)	540M (13%)	4 (9%)	540M (13%)
Building Materials	1 (4%)	-	3 (6%)	127M (3%)
Transportation	2 (8%)	1.0B (25%)	2 (4%)	1.0B (24%)
Metals/Mining	2 (8%)	171M (4%)	2 (4%)	171M (4%)
Test/Measurement Equipment	-	-	2 (4%)	100M (2%)
Chemicals	-	-	2 (4%)	-
Forest Products	-	-	2 (4%)	-
Consumer Products	1 (4%)	920M (23%)	1 (2%)	920M (22%)
Business Services	1 (4%)	-	1 (2%)	-
Distribution	1 (4%)	-	1 (2%)	-
Electrical Equipment	1 (4%)	-	1 (2%)	-
Energy Services and Equipment	-	-	1 (2%)	-
Engineering	1 (4%)	-	1 (2%)	-
Information Technology	-	-	1 (2%)	-
Oil/Gas Exploration	1 (4%)	-	1 (2%)	-
Safety/Security	-	-	1 (2%)	-
Total	24	$4.0B	47	$4.2B

Sector

Current #

Value

All-time #

Value

Machinery

5 (21%)

148M (4%)

11 (23%)

148M (3%)

Automotive

1 (4%)

6 (13%)

Manufacturing

4 (17%)

1.2B (31%)

4 (9%)

1.2B (29%)

Aerospace

3 (13%)

540M (13%)

4 (9%)

540M (13%)

Building Materials

1 (4%)

3 (6%)

127M (3%)

Transportation

2 (8%)

1.0B (25%)

2 (4%)

1.0B (24%)

Metals/Mining

2 (8%)

171M (4%)

2 (4%)

171M (4%)

Test/Measurement Equipment

2 (4%)

100M (2%)

Chemicals

2 (4%)

Forest Products

2 (4%)

Consumer Products

1 (4%)

920M (23%)

1 (2%)

920M (22%)

Business Services

1 (4%)

1 (2%)

Distribution

1 (4%)

1 (2%)

Electrical Equipment

1 (4%)

1 (2%)

Energy Services and Equipment

1 (2%)

Engineering

1 (4%)

1 (2%)

Information Technology

1 (2%)

Oil/Gas Exploration

1 (4%)

1 (2%)

Safety/Security

1 (2%)

Total

$4.0B

$4.2B

State/Country	Current #	Value	All-time #	Value
United States	20 (83%)	4.0B (100%)	41 (87%)	4.7B (100%)
	Florida	3 (13%)	1.5B (38%)	4 (9%)	1.5B (33%)
	Texas	3 (13%)	-	4 (9%)	-
	Ohio	2 (8%)	-	4 (9%)	-
	Missouri	1 (4%)	-	3 (6%)	-
	North Carolina	2 (8%)	920M (23%)	2 (4%)	920M (20%)
	Michigan	1 (4%)	-	2 (4%)	27M (1%)
	Wisconsin	1 (4%)	-	2 (4%)	-
	Tennessee	1 (4%)	-	2 (4%)	-
	Pennsylvania	-	-	2 (4%)	100M (2%)
	Connecticut	-	-	2 (4%)	-
	Nebraska	1 (4%)	1.2B (31%)	1 (2%)	1.2B (26%)
	Kentucky	1 (4%)	171M (4%)	1 (2%)	171M (4%)
	Washington	1 (4%)	148M (4%)	1 (2%)	148M (3%)
	Maryland	1 (4%)	-	1 (2%)	-
	Illinois	1 (4%)	-	1 (2%)	-
	New Jersey	1 (4%)	-	1 (2%)	-
	Mississippi	-	-	1 (2%)	540M (12%)
	Indiana	-	-	1 (2%)	-
	Colorado	-	-	1 (2%)	-
	California	-	-	1 (2%)	-
	Virginia	-	-	1 (2%)	-
	Oregon	-	-	1 (2%)	-
	New York	-	-	1 (2%)	-
	New Hampshire	-	-	1 (2%)	-
Canada	1 (4%)	-	2 (4%)	-
	Ontario	1 (4%)	-	1 (2%)	-
	Quebec	-	-	1 (2%)	-
France	1 (4%)	-	1 (2%)	-
Germany	1 (4%)	-	1 (2%)	-
Australia	1 (4%)	-	1 (2%)	-
Netherlands	-	-	1 (2%)	-
Domestic	20 (83%)	4.0B (100%)	41 (87%)	4.7B (100%)
Cross-border	4 (17%)	-	6 (13%)	-
Total	24	$4.0B	47	$4.7B

State/Country

Current #

Value

All-time #

Value

United States

20 (83%)

4.0B (100%)

41 (87%)

4.7B (100%)

Florida

3 (13%)

1.5B (38%)

4 (9%)

1.5B (33%)

Texas

3 (13%)

4 (9%)

Ohio

2 (8%)

4 (9%)

Missouri

1 (4%)

3 (6%)

North Carolina

2 (8%)

920M (23%)

2 (4%)

920M (20%)

Michigan

1 (4%)

2 (4%)

27M (1%)

Wisconsin

1 (4%)

2 (4%)

Tennessee

1 (4%)

2 (4%)

Pennsylvania

2 (4%)

100M (2%)

Connecticut

2 (4%)

Nebraska

1 (4%)

1.2B (31%)

1 (2%)

1.2B (26%)

Kentucky

1 (4%)

171M (4%)

1 (2%)

171M (4%)

Washington

1 (4%)

148M (4%)

1 (2%)

148M (3%)

Maryland

1 (4%)

1 (2%)

Illinois

1 (4%)

1 (2%)

New Jersey

1 (4%)

1 (2%)

Mississippi

1 (2%)

540M (12%)

Indiana

1 (2%)

Colorado

1 (2%)

California

1 (2%)

Virginia

1 (2%)

Oregon

1 (2%)

New York

1 (2%)

New Hampshire

1 (2%)

Canada

1 (4%)

2 (4%)

Ontario

1 (4%)

1 (2%)

Quebec

1 (2%)

France

1 (4%)

1 (2%)

Germany

1 (4%)

1 (2%)

Australia

1 (4%)

1 (2%)

Netherlands

1 (2%)

Domestic

20 (83%)

4.0B (100%)

41 (87%)

4.7B (100%)

Cross-border

4 (17%)

6 (13%)

Total

$4.0B

$4.7B

Type	Current #	Value	All-time #	Value
Buyout (LBO, MBO, MBI)	5 (21%)	1.2B (31%)	16 (34%)	1.2B (30%)
Divestiture	8 (33%)	1.6B (41%)	15 (32%)	1.8B (43%)
Secondary Buyout	4 (17%)	148M (4%)	7 (15%)	148M (4%)
Going Private	2 (8%)	1.0B (25%)	3 (6%)	1.0B (24%)
Special Situations/Distressed	2 (8%)	-	3 (6%)	-
Consolidation	2 (8%)	-	2 (4%)	-
Growth Capital	1 (4%)	-	1 (2%)	-
Total	24	$4.0B	47	$4.1B

Type

Current #

Value

All-time #

Value

Buyout (LBO, MBO, MBI)

5 (21%)

1.2B (31%)

16 (34%)

1.2B (30%)

Divestiture

8 (33%)

1.6B (41%)

15 (32%)

1.8B (43%)

Secondary Buyout

4 (17%)

148M (4%)

7 (15%)

148M (4%)

Going Private

2 (8%)

1.0B (25%)

3 (6%)

1.0B (24%)

Special Situations/Distressed

2 (8%)

3 (6%)

Consolidation

2 (8%)

2 (4%)

Growth Capital

1 (4%)

1 (2%)

Total

$4.0B

$4.1B

Type	Total #	Value
Secondary Sale	9 (38%)	330M (10%)
Merger	5 (21%)	2.1B (65%)
IPO	4 (17%)	-
Trade Sale - Public Company	3 (13%)	466M (14%)
Trade Sale	3 (13%)	338M (10%)
Total	24	$3.2B

Type

Total #

Value

Secondary Sale

9 (38%)

330M (10%)

Merger

5 (21%)

2.1B (65%)

IPO

4 (17%)

Trade Sale - Public Company

3 (13%)

466M (14%)

Trade Sale

3 (13%)

338M (10%)

Total

$3.2B

Financial	Deals
Goldman Sachs	3
Houlihan Lokey	2
Barclays Investment Bank	2

Financial

Deals

Goldman Sachs

Houlihan Lokey

Barclays Investment Bank

Legal	Deals
Ropes & Gray	9
Baker Botts LLP	3
Stroock & Stroock & Lavan	1

Legal

Deals

Ropes & Gray

Baker Botts LLP

Stroock & Stroock & Lavan

buy	#	Total
> $1B	2	$2.2B
$100M to $1B	5	$2.3B
< $100M	3	$227M
TOTAL	$4.8B
Largest	Molycop $1.2B (2017-01-03)

buy

Total

> $1B

$2.2B

$100M to $1B

$2.3B

< $100M

$227M

TOTAL

$4.8B

Largest

Molycop
$1.2B (2017-01-03)

sell	#	Total
> $1B	1	$2.1B
$100M to $1B	4	$1.1B
TOTAL	$3.2B
Largest	The Vertex Co. $2.1B (2022-03-07)

sell

Total

> $1B

$2.1B

$100M to $1B

$1.1B

TOTAL

$3.2B

Largest

The Vertex Co.
$2.1B (2022-03-07)

		Deals
Acquired from
Investor(s)	15%	7 (15%)
Strategic(s)	30%	14 (30%)
Exited to
Investor(s)	38%	9 (38%)
Strategic(s)	29%	7 (29%)

Deals

Acquired from

Investor(s)

7 (15%)

Strategic(s)

14 (30%)

Exited to

Investor(s)

9 (38%)

Strategic(s)

7 (29%)

FAQ

When was American Industrial Partners founded?

American Industrial Partners was founded in 1989.

What type of investor is American Industrial Partners?

American Industrial Partners is a private equity firm.

Where is American Industrial Partners headquartered?

American Industrial Partners is headquartered in New York, New York.

How much capital does American Industrial Partners have under management?

American Industrial Partners has 10.0B USD under management.

American Industrial Partners Mergers and Acquisitions Summary

Private Equity Firm Profile

M&A Summary