M&A Deal Summary

Johnstown America Industries Acquires Truck Components

On June 15, 1995, Johnstown America Industries acquired manufacturer Truck Components from Castle Harlan for 250M USD

Acquisition Highlights
  • This is Johnstown America Industries’ 1st transaction in the Manufacturing sector.
  • This is Johnstown America Industries’ largest (disclosed) transaction.
  • This is Johnstown America Industries’ 1st transaction in the United States.
  • This is Johnstown America Industries’ 1st transaction in Illinois.

M&A Deal Summary

Date 1995-06-15
Target Truck Components
Sector Manufacturing
Buyer(s) Johnstown America Industries
Sellers(s) Castle Harlan
Deal Type Add-on Acquisition
Deal Value 250M USD

Target

Truck Components

Rockford, Illinois, United States
Truck Components, Inc. is a manufacturer and marketer of wheel-end components for the heavy-duty truck market.

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Buyer(S) 1

Buyer

Johnstown America Industries

Chicago, Illinois, United States

Category Company
Sector Manufacturing
DESCRIPTION


DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (1995) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Castle Harlan

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 6.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Castle Harlan is a large private equity firm that targets private company investments in the US and Australia. Castle Harlan targets businesses in a wide range of industries that include, packaging, industrial services, manufacturing, restaurants, business services, distribution, publishing, and transportation. Castle Harlan can provide both equity and mezzanine capital. The Firm is affiliated with Australian private equity firm CHAMP Private Equity, and together formed CHAMP - Castle Harlan Australian Mezzanine Partners. Castle Harlan was formed in 1987 and is based in New York City.


DEAL STATS #
Overall 2 of 38
Sector (Manufacturing) 1 of 2
Type (Add-on Acquisition) 1 of 17
State (Illinois) 1 of 2
Country (United States) 2 of 30
Year (1995) 1 of 1
Size (of disclosed) 11 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1994-05-01 Truck Components

Rockford, Illinois, United States

Truck Components, Inc. is a manufacturer and marketer of wheel-end components for the heavy-duty truck market.

Buy $170M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1996-01-01 StackTeck

Ontario, Canada

StackTeck provides a wide range of customized injection mold tooling solutions for the food, medical, consumer and personal care industries.

Buy -