M&A Deal Summary

THK Acquires Rhythm

On April 22, 2007, THK acquired automotive company Rhythm from The Carlyle Group for 106M USD

Acquisition Highlights
  • This is THK’s 1st transaction in the Automotive sector.
  • This is THK’s largest (disclosed) transaction.
  • This is THK’s 1st transaction in Japan.

M&A Deal Summary
Date 2007-04-22
Target Rhythm
Sector Automotive
Buyer(s) THK
Sellers(s) The Carlyle Group
Deal Type Add-on Acquisition
Deal Value 106M USD

Target

Rhythm

Hamamatsu, Japan
Rhythm Corp. is an automotive parts manufacturer specializing in steering and suspension components.

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Buyer(S) 1

Buyer

THK

Tokyo, Japan
Category Company
Founded 1971
Sector Machinery
Employees13,360
Revenue 351.9B JPY (2023)
DESCRIPTION
Entrance to THK's corporate headquarters in Tokyo, Japan.
Entrance to THK's corporate headquarters in Tokyo, Japan.

THK is a global manufacturer of linear motion systems and components. THK provides solutions for a wide range of industries, including automotive, aerospace, industrial machinery, and more. The company's product portfolio includes linear guides, ball screws, actuators, and other precision motion control devices, designed to enhance efficiency, accuracy, and reliability in various applications. THK was founded in 1971 and is based in Tokyo, Japan.

DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Japan) 1 of 1
Year (2007) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

The Carlyle Group

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1987
PE ASSETS 435.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.

The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.

DEAL STATS #
Overall 92 of 479
Sector (Automotive) 5 of 13
Type (Add-on Acquisition) 47 of 197
Country (Japan) 4 of 17
Year (2007) 6 of 24
Size (of disclosed) 109 of 135
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-20 Endius

Plainville, Massachusetts, United States

Endius, Inc. is a privately held medical device company that had developed and commercialized a minimally invasive access system for spine surgery.

Sell $80M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-26 Genoyer SA

Vitrolles, France

Genoyer SA is a manufacturer of steel flanges and fittings for the process industries, particularly for the oil, gas and chemical industries. Genoyer SA was founded in 1963 and is based in Vitrolles, France.

Sell -
Mergr

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