M&A Deal Summary

Gamut Capital Management Acquires IAC Group

On April 6, 2018, private equity firm Gamut Capital Management acquired automotive company IAC Group

Acquisition Highlights
  • This is Gamut Capital Management’s 1st transaction in the Automotive sector.
  • This is Gamut Capital Management’s 1st transaction in Luxembourg.

M&A Deal Summary
Date 2018-04-06
Target IAC Group
Sector Automotive
Buyer(s) Gamut Capital Management
Deal Type Recapitalization
Advisor(s) Perella Weinberg Partners (Financial)
Jones Day
Paul, Weiss, Rifkind, Wharton & Garrison (Legal)

Target

IAC Group

Luxembourg, Luxembourg
IAC Group is a provider of automotive components and systems, including instrument panels, console systems, door panels, headliners and overhead systems to automakers around the world. IAC Group was founded in 2006 and is based in Luxembourg.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Gamut Capital Management

Category Private Equity Firm
Founded 2015
PE ASSETS 1.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Gamut Capital Management is a private equity group focused on investing $50 to $150 million in middle market US-based companies. Target sectors include agriculture, chemicals, telecom, industrials, mining, power, distribution, technology, energy and transportation. Gamut’s flexible investment strategy incorporates leveraged buy-outs, corporate carve-outs, strategic partnerships, and distressed-for-control situations. Gamut Capital Management was formed in 2015 and is based in New York City.

DEAL STATS #
Overall 3 of 9
Sector (Automotive) 1 of 2
Type (Recapitalization) 1 of 1
Country (Luxembourg) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-19 JPW Industries

LaVergne, Tennessee, United States

JPW Industries is a designer, manufacturer and value-added distributor of market-leading, branded machinery, specialty shop tools and equipment for rugged applications across multiple end markets. JPW Industries was founded in 1958 and is based in LaVergne, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-18 Grede

Southfield, Michigan, United States

Grede is a producer of engineered iron castings to the automotive, medium and heavy truck, and industrial markets. Grede supplies a broad variety of ductile, gray, and high silicon moly iron castings to a diverse customer base. The company’s products include safety-critical chassis, suspension, and drivetrain components for automotive applications, highly engineered engine and chassis components for heavy-duty truck engines, and large axle housings and other drive train components for heavy equipment and agriculture markets. Grede was founded in 1920 and is based in Southfield, Michigan.

Buy $245M
Mergr

Product

Company

Legal