M&A Deal Summary

Niteo Acquires Trans-Mate

On November 18, 2016, Niteo acquired automotive company Trans-Mate

Acquisition Highlights
  • This is Niteo’s 1st transaction in the Automotive sector.
  • This is Niteo’s 2nd transaction in the United States.
  • This is Niteo’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2016-11-18
Target Trans-Mate
Sector Automotive
Buyer(s) Niteo
Deal Type Add-on Acquisition

Target

Trans-Mate

North Billerica, Massachusetts, United States
Trans-Mate LLC is a manufacturer of high quality professional car wash and car detailing products.

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Buyer(S) 1

Buyer

Niteo

Hernando, Mississippi, United States
Category Company
Sector Automotive
DESCRIPTION

Niteo manufactures and distributes a full line of automotive appearance, performance and maintenance chemicals, under the brand names of Car Brite, Motor Medic and Pyroil, including tire & wheel care, degreasers, waxes, polishes, interior cleaners, fuel system additives and other functional fluids. Niteo is based in Hernando, Mississippi.

DEAL STATS #
Overall 2 of 5
Sector (Automotive) 1 of 2
Type (Add-on Acquisition) 2 of 3
State (Massachusetts) 1 of 1
Country (United States) 2 of 5
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-13 AP Formulators

South Houston, Texas, United States

AP Formulators, Inc. is a formulator of a full line of car wash chemicals serving self-serve, automatic and express/full service car washes.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-28 Hi-Tech Industries

Farmington, Michigan, United States

Hi-Tech Industries is a provider of a full line of professional car care product accessories and specialty aerosols to the automotive appearance industry. Hi-Tech Industries is based in Farmington, Michigan.

Buy -
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