M&A Deal Summary

Jernberg Acquires HHI FormTech

On October 5, 2009, Jernberg acquired automotive company HHI FormTech from Jacobson Partners

Acquisition Highlights
  • This is Jernberg’s 1st transaction in the Automotive sector.
  • This is Jernberg’s 1st transaction in the United States.
  • This is Jernberg’s 1st transaction in Michigan.

M&A Deal Summary

Date 2009-10-05
Target HHI FormTech
Sector Automotive
Buyer(s) Jernberg
Sellers(s) Jacobson Partners
Deal Type Add-on Acquisition

Target

HHI FormTech

Royal Oak, Michigan, United States
website
HHI FormTech LLC is a designer and manufacturer of forged and forged/machined components for the automotive industry.

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Buyer(S) 1

Buyer

Jernberg

Royal Oak, Michigan, United States

Category Company
Founded 2005
Sector Automotive
DESCRIPTION

Jernberg is a manufacturer of highly-engineered forged parts for various power-train and wheel-end applications in the automotive industry. Products manufactured by Jernberg include wheel hubs, transmission turbine hubs, and axle ring and pinion gears.


DEAL STATS #
Overall 1 of 2
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2009) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-19 Haycock & Hague Pipework Systems

Selby, United Kingdom

Haycock & Hague Pipework Systems Ltd. is a provider of pipe work fabrication and installation, mechanical installation, and coded welding services.

Buy -

Seller(S) 1

SELLER

Jacobson Partners

New York, New York, United States

website


Category Private Equity Firm
Founded 1989
Size Small
Type Sector Agnostic
DESCRIPTION

Jacobson Partners is a lower middle-market private equity firm focused on acquiring non-core divestitures and other underperforming mid-sized companies in the US and Canada. Jacobson generally targets opportunities in basic industries such as manufacturing and services. The Firm seeks to invest between $10 and $25 million of equity in transactions valued up to $150 million. Jacobson Partners was formed in 1989 and is based in New York City.


DEAL STATS #
Overall 5 of 6
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 3 of 4
State (Michigan) 1 of 1
Country (United States) 5 of 6
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-10 HHI FormTech

Royal Oak, Michigan, United States

HHI FormTech LLC is a designer and manufacturer of forged and forged/machined components for the automotive industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-11 Swan Products

Marion, Ohio, United States

Swan Products LLC is a manufacturer of consumer and industrial watering hose in North America. Swan manufactures its hoses in the USA under the Swan, Waterworks, Element, and Scott’s/Miracle-Gro brands. Swan Products LLC was founded in 1927 and is based in Marion, Ohio.

Buy -