M&A Deal Summary

Highline Warren Acquires DYK Automotive

On April 1, 2016, Highline Warren acquired distribution company DYK Automotive from The Sterling Group

Acquisition Highlights
  • This is Highline Warren’s 1st transaction in the Distribution sector.
  • This is Highline Warren’s 1st transaction in the United States.
  • This is Highline Warren’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2016-04-01
Target DYK Automotive
Sector Distribution
Buyer(s) Highline Warren
Sellers(s) The Sterling Group
Deal Type Merger

Target

DYK Automotive

Medina, Minnesota, United States
DYK Automotive LLC is an automotive aftermarket distributor.

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Buyer(S) 1

Buyer

Highline Warren

Memphis, Tennessee, United States

Category Company
Founded 2016
Sector Distribution
DESCRIPTION

Highline Warren is a national distributor of automotive products, with 15 distribution centers and eight state-of-the-art manufacturing facilities serving multiple channels across the aftermarket industry. Highline Warren was founded in 2016 and is based in Memphis, Tennessee.


DEAL STATS #
Overall 1 of 4
Sector (Distribution) 1 of 2
Type (Merger) 1 of 2
State (Minnesota) 1 of 1
Country (United States) 1 of 4
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-17 Service Champ

Chalfont, Pennsylvania, United States

Service Champ is an distributor of automotive aftermarket maintenance parts and accessories to oil change shops, distributing over 4,500 consumable products, including oil filters, air filters, wiper blades, and chemicals, to locations in the United States and Canada.

Buy -

Seller(S) 1

SELLER

The Sterling Group

Houston, Texas, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1982
PE ASSETS 2.1B USD
Size Large
Type Sector Agnostic
DESCRIPTION

The Sterling Group is a private equity firm focused on acquiring middle-market businesses within basic manufacturing, industrial services, and distribution. Sterling looks for companies valued from $100 to $750 million with positive cash-flow, strong market positions, and potential to grow. Sterling avoids investments in financial services, real estate, healthcare, or information technology companies. The Sterling Group was formed in 1982 and is based in Houston, Texas.


DEAL STATS #
Overall 16 of 29
Sector (Distribution) 2 of 6
Type (Merger) 2 of 5
State (Minnesota) 1 of 1
Country (United States) 13 of 26
Year (2016) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-01 Highline Warren

Memphis, Tennessee, United States

Highline Warren is a national distributor of automotive products, with 15 distribution centers and eight state-of-the-art manufacturing facilities serving multiple channels across the aftermarket industry. Highline Warren was founded in 2016 and is based in Memphis, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-20 Evergreen North America Industrial Services

La Porte, Texas, United States

Evergreen North America Industrial Services is a provider of industrial cleaning services to a range of process industries, including refining, petrochemicals, and utilities. Evergreen North America Industrial Services was founded in 2000 and is based in La Porte, Texas.

Buy -