M&A Deal Summary

HCI Equity Partners Acquires TSM

On August 1, 2017, private equity firm HCI Equity Partners acquired automotive company TSM

Acquisition Highlights
  • This is HCI Equity Partners’ 5th transaction in the Automotive sector.
  • This is HCI Equity Partners’ 29th transaction in the United States.
  • This is HCI Equity Partners’ 6th transaction in Michigan.

M&A Deal Summary
Date 2017-08-01
Target TSM
Sector Automotive
Buyer(s) HCI Equity Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

TSM

Auburn Hills, Michigan, United States
TSM is a precision machining company serving the automotive industry with over 70 SKU's across 40 diverse and attractive vehicle platforms. TSM is a distinguished supplier of powertrain, chassis, and suspension components. TSM was founded in 1978 and is based in Auburn Hills, Michigan.

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Buyer(S) 1

Buyer

HCI Equity Partners

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

HCI Equity Partners is a private equity group that targets lower middle-market industrial product and service companies throughout North America. HCI is a 'hands on' investor, looking to assist portfolio companies with growth strategies and improving profitability. The Firm seeks opportunities with $20 to $200 million in revenues and strong management in place. Specific areas of interest include aerospace/defense, automotive and commercial vehicle suppliers, industrial distribution, infrastructure, power generation, test/measurement equipment, and transportation. HCI Equity Partners (fka Thayer | Hidden Creek Partners) is based in Washington DC.

DEAL STATS #
Overall 31 of 46
Sector (Automotive) 5 of 5
Type (Buyout (LBO, MBO, MBI)) 20 of 24
State (Michigan) 6 of 6
Country (United States) 29 of 44
Year (2017) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-01 Total Container Group

Cleveland, Ohio, United States

Total Container Group, Inc. offers a comprehensive array of industrial container solutions ranging from less than 1 gallon cans to 20,000 gallon storage tanks but is primarily focused on the reconditioning and distribution of plastic and steel IBC's.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-21 Consolidated Hospitality Supplies

Vernon Hills, Illinois, United States

Consolidated Hospitality Supplies is a multi-brand, shared-services hotel distribution company and a leading provider of OS&E. The Company has a diverse product portfolio, offering over 3,600 different SKUs within categories that include bed and bath linens, guest care amenities, housekeeping supplies, in-room accessories, electronics and appliances, and foodservice supplies. CHS offers unified distribution through two brands, American Hotel Register and Amtex.

Buy -
Mergr

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