M&A Deal Summary

Lion Equity Partners Acquires Elkhart Tri-Went

On February 4, 2022, private equity firm Lion Equity Partners acquired manufacturer Elkhart Tri-Went from Aalberts

Acquisition Highlights
  • This is Lion Equity Partners’ 1st transaction in the Manufacturing sector.
  • This is Lion Equity Partners’ 9th transaction in the United States.
  • This is Lion Equity Partners’ 1st transaction in Indiana.

M&A Deal Summary
Date 2022-02-04
Target Elkhart Tri-Went
Sector Manufacturing
Buyer(s) Lion Equity Partners
Sellers(s) Aalberts
Deal Type Divestiture

Target

Elkhart Tri-Went

Geneva, Indiana, United States
Elkhart Tri-Went is a manufacturer of complex extruded aluminum components and fabricated copper tube products serving OEM customers in the automotive, air conditioning & refrigeration, water systems, and industrial markets. Elkhart Tri-Went was founded in 1969 and is based in Geneva, Indiana.

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Buyer(S) 1

Buyer

Lion Equity Partners

Denver, Colorado, United States

Investor Investor Investor

Category Private Equity Firm
Founded 2007
Size Small
Type Sector Agnostic
DESCRIPTION

Lion Equity Partners is a private investment firm focused on acquiring small to middle market businesses valued up to $50 million. Lion targets businesses that possess market leadership, established products/services, scalable infrastructure, long-term customer relationships, motivated employees, and growth opportunities. Lion will consider opportunities across the US and Canada. Sectors of interest include business services, manufacturing, software, telecommunications, distribution, healthcare and transportation. Lion Equity Partners was founded in 2007 and has offices in Denver, Colorado and Chicago, Illinois.

DEAL STATS #
Overall 9 of 10
Sector (Manufacturing) 1 of 1
Type (Divestiture) 8 of 9
State (Indiana) 1 of 1
Country (United States) 9 of 10
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-03 UE Compression

Henderson, Colorado, United States

UE Compression provides custom air and gas compression repair services for the oil & gas industry, power plants, process industry, and the industrial marketplace, as well as for commercial and municipal applications. UE Compression is based in Henderson, Colorado.

Sell $8M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-02 Country Life

Hauppauge, New York, United States

Country Life is a supplement manufacturer and sells a portfolio of brands in the natural, supplements, sports nutrition and personal care markets. Country Life is based in Hauppauge, New York.

Buy -

Seller(S) 1

SELLER

Aalberts

Utrecht, Netherlands
Category Company
Founded 1975
Sector Machinery
Employees14,055
Revenue 3.3B EUR (2023)
DESCRIPTION

Aalberts is a global producer of industrial technology, products, and services. Aalberts does business in four segments, including building installations, climate control, material technology, and industrial services. Aalberts was founded in 1975 and is based in Utrecht, the Netherlands.

DEAL STATS #
Overall 3 of 5
Sector (Manufacturing) 1 of 3
Type (Divestiture) 3 of 5
State (Indiana) 1 of 2
Country (United States) 2 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-27 ISEL

Eichenzell, Germany

ISEL combines mechanics, electronics, and software knowledge to develop, engineer, and manufacture wafer handling & robotics and machine systems with digital services. ISEL was founded in 1972 and is based in Eichenzell, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-05 KML Linear Motion Technology

Vienna, Austria

KML Linear Motion Technology provides cutting-edge mechatronic solutions performing linear and rotative high-speed movements in complex areas of application. KML Linear Motion Technology is based in Vienna, Austria.

Buy -
Mergr

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