M&A Deal Summary

Siemens VDO Automotive Electronics Acquires American Electronic Components

On December 7, 2005, Siemens VDO Automotive Electronics acquired electronics company American Electronic Components from The Riverside Company

Acquisition Highlights
  • This is Siemens VDO Automotive Electronics’ 1st transaction in the Electronics sector.
  • This is Siemens VDO Automotive Electronics’ 1st transaction in the United States.
  • This is Siemens VDO Automotive Electronics’ 1st transaction in Indiana.

M&A Deal Summary

Date 2005-12-07
Target American Electronic Components
Sector Electronics
Buyer(s) Siemens VDO Automotive Electronics
Sellers(s) The Riverside Company
Deal Type Add-on Acquisition

Target

American Electronic Components

Elkhart, Indiana, United States
AEC is an electrical lighting and electronic sensors company that designs, manufactures and sells sensors, switches and relays for the automotive market.

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Buyer(S) 1

Buyer

Siemens VDO Automotive Electronics

Huntsville, Alabama, United States

Category Company
Sector Automotive
DESCRIPTION

Siemens VDO Automotive is an internationally leading automotive supplier of electronics and mechatronics. As a developmental partner with the automobile industry, the company manufactures a comprehensive spectrum of products relating to the drivetrain, engine management electronics and fuel injection that simultaneously improve engine performance and reduce emissions.


DEAL STATS #
Overall 1 of 1
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Indiana) 1 of 1
Country (United States) 1 of 1
Year (2005) 1 of 1

Seller(S) 1

SELLER

The Riverside Company

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1988
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Riverside Company is a global private equity firm that seeks investments in profitable lower middle-market companies valued under $400 million. Riverside looks to invest in growth businesses headquartered in North America, Europe, and Asia (primarily Japan and South Korea), that have been in operation for at least five years. Riverside targets investments in a wide array of industries including distribution, automotive, healthcare, education, manufacturing, software, consumer services, plastics, publishing, food, communications, marine, and business services. Riverside was formed in 1988 and is based in New York City.


DEAL STATS #
Overall 14 of 191
Sector (Electronics) 2 of 7
Type (Add-on Acquisition) 8 of 82
State (Indiana) 1 of 4
Country (United States) 10 of 133
Year (2005) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-01 UAF

Sauget, Illinois, United States

UAF designs and manufactures custom air filters and EMI shielding products used to protect commercial equipment and electronics enclosures. With exceptional design and application knowledge necessary to satisfy electronics cooling requirements of increasingly powerful and complex equipment. UAF was founded in 1959 and is based in Sauget, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 MK Chimney Systems

Zary, Poland

MK Chimney Systems produces chimney systems and chimney liners and is a significant exporter to Western Europe. In addition to chimney systems, which account for over 90% of the company?s sales, MK offers chimney accessories and heating-systems products.

Buy -