Investment Summary

Silver Sail Capital and 3P Equity Partners Invest In Sonus Engineered Solutions

On October 14, 2015, private equity firm Silver Sail Capital and family office 3P Equity Partners invested in automotive company Sonus Engineered Solutions

Investment Highlights
  • This is Silver Sail Capital’s 1st and 3P Equity Partners’ 1st transaction in the Automotive sector.
  • This is Silver Sail Capital’s 4th and 3P Equity Partners’ 5th transaction in the United States.
  • This is Silver Sail Capital’s 2nd and 3P Equity Partners’ 2nd transaction in Michigan.

Investment Summary

Date 2015-10-14
Target Sonus Engineered Solutions
Sector Automotive
Investor(s) Silver Sail Capital
3P Equity Partners
Deal Type Growth Capital

Target

Sonus Engineered Solutions

Warren, Michigan, United States
Sonus Engineered Solutions is an automotive company offering highly engineered plastic and rubber components and systems that contribute to full-vehicle refinement. Sonus Engineered Solutions was founded in 2000 and is based in Warren, Michigan.

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Investor(S) 2

DESCRIPTION

Silver Sail Capital is a private equity firm focused on acquiring lower middle-market North American companies in the industrials, business services, financial services, consumer products, and food sectors. Silver Sail looks profitable, stable companies valued up to $75 million with strong management, proven business models, and operating in growing markets. Silver Sail Capital was formed in 2012 and is based in Los Angeles.


DEAL STATS #
Overall 5 of 7
Sector: Automotive M&A 1 of 1
Type: Growth Capital M&A Deals 3 of 5
State: Michigan M&A 2 of 2
Country: United States M&A 4 of 6
Year: 2015 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-30 TGK

Prevalje, Slovenia

TGK is a niche manufacturer of highly engineered rubber and metal products strategically located on the Slovenian border with Austria. TGK was founded in 1991 and is based in Prevalje, Slovenia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-21 iWorks

Los Angeles, California, United States

iWorks provides products to premium hospitality spaces, offering highly-engineered custom lighting systems and fixtures that enhance the overall guest experience. The Company is an approved supplier of experiential illumination solutions to leading US architectural and design firms, with their unique products well represented among 5-star hotels, resorts, and casinos, as well as many other renowned venues throughout the world. iWorks is based in Los Angeles, California.

Buy -
DESCRIPTION

3P Equity Partners is a private equity firm focused on strategic investments in general manufacturing, plastics and packaging companies with $15 to $75 million in sales and EBITDA of $3 to $10 million. The Firm will consider opportunities across North America and Europe and prefers acquiring control positions in owner-operated and family owned companies. 3P Equity Partners was formed in 2012 and is based in San Jose, California.


DEAL STATS #
Overall 6 of 8
Sector: Automotive M&A 1 of 1
Type: Growth Capital M&A Deals 3 of 5
State: Michigan M&A 2 of 2
Country: United States M&A 5 of 7
Year: 2015 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-30 TGK

Prevalje, Slovenia

TGK is a niche manufacturer of highly engineered rubber and metal products strategically located on the Slovenian border with Austria. TGK was founded in 1991 and is based in Prevalje, Slovenia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-21 iWorks

Los Angeles, California, United States

iWorks provides products to premium hospitality spaces, offering highly-engineered custom lighting systems and fixtures that enhance the overall guest experience. The Company is an approved supplier of experiential illumination solutions to leading US architectural and design firms, with their unique products well represented among 5-star hotels, resorts, and casinos, as well as many other renowned venues throughout the world. iWorks is based in Los Angeles, California.

Buy -