M&A Deal Summary

Hidden Harbor Capital Partners Acquires Dayco Products

On August 2, 2022, private equity firm Hidden Harbor Capital Partners acquired automotive company Dayco Products

Acquisition Highlights
  • This is Hidden Harbor Capital Partners’ 3rd transaction in the Automotive sector.
  • This is Hidden Harbor Capital Partners’ 11th transaction in the United States.
  • This is Hidden Harbor Capital Partners’ 1st transaction in Michigan.

M&A Deal Summary
Date 2022-08-02
Target Dayco Products
Sector Automotive
Buyer(s) Hidden Harbor Capital Partners
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Rothschild Global Advisory (Financial)
Skadden, Arps, Slate, Meagher & Flom (Legal)

Target

Dayco Products

Birmingham, Michigan, United States
Dayco Products is a researcher, designer, manufacturer and distributor of essential engine products, drive systems and services for automobiles, trucks, construction, agriculture and industry. Dayco Products is based in Birmingham, Michigan.

Search 201,429 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

Hidden Harbor Capital Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2016
PE ASSETS 715M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Hidden Harbor Capital Partners is an operationally focused private equity firm focused on acquiring North American middle-market companies. The Firm seeks businesses with up to $500 million in revenue and up to $30 million of EBITDA. Sectors of interest include industrials, transportation/logistics, consumer products, automotive, environmental, chemicals, food/beverages, and business services. Hidden Harbor Capital Partners was established in 2016 and is based in Boca Raton, Florida.

DEAL STATS #
Overall 13 of 20
Sector (Automotive) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 5 of 10
State (Michigan) 1 of 1
Country (United States) 11 of 18
Year (2022) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-01 Rotating Machinery Services

Bethlehem, Pennsylvania, United States

Rotating Machinery Services is a provider of specialty aftermarket repair, maintenance, and overhaul services for large, highly engineered rotating machinery. RMS’s solutions improve performance and extend the useful life of complex machinery used in customers’ critical industrial processes. Rotating Machinery Services was founded in 1997 and is based in Bethlehem, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-15 Avtron Power Solutions

Cleveland, Ohio, United States

Avtron Power Solutions provides load bank and test solutions, including the Avtron and Froment product lines, the SIGMA control platform and related services offerings, with operations in North America and the UK. Avtron Power Solutions is based in Cleveland, Ohio.

Buy -
Mergr

Product

Company

Legal