M&A Deal Summary

TRM Acquires Richardson Molding

On March 29, 2019, TRM acquired manufacturer Richardson Molding from Owner Resource Group

Acquisition Highlights
  • This is TRM’s 1st transaction in the Manufacturing sector.
  • This is TRM’s 1st transaction in the United States.
  • This is TRM’s 1st transaction in Indiana.

M&A Deal Summary

Date 2019-03-29
Target Richardson Molding
Sector Manufacturing
Buyer(s) TRM
Sellers(s) Owner Resource Group
Deal Type Merger

Target

Richardson Molding

Columbus, Indiana, United States
Richardson Molding is a manufacturer of proprietary and custom injection molded products primarily serving the industrial lead-acid battery market. Richardson Molding provides battery containers and covers to an attractive base of national original equipment manufacturers (“OEMs”) producing batteries in a variety of end markets including motive power, stationary/reserve power, and starting, lighting and ignition (SLI) power. Richardson Molding is based in Columbus, Indiana.

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Buyer(S) 1

Buyer

TRM

Milwaukee, Wisconsin, United States

Category Company
Founded 1977
Sector Manufacturing
DESCRIPTION

TRM is a manufacturer of proprietary and custom injection molding products serving the industrial lead battery, automotive, and consumer markets. TRM was founded in 1977 and is based in Milwaukee, Wisconsin.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Indiana M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

DESCRIPTION

Owner Resource Group is a private investment firm focused on acquiring small, profitable companies with at least $3 million of EBITDA. The Firm is a generalist investor but has a preference for engineering-intensive manufacturing, service-supported distribution, and niche services companies. Owner Resource Group is a long-term investor and typically acquires majority positions. Owner Resource Group was established in 2007 and is headquartered in Austin, Texas.


DEAL STATS #
Overall 4 of 9
Sector: Manufacturing M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Indiana M&A 1 of 1
Country: United States M&A 4 of 8
Year: 2019 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-26 K-Tec

Rosenort, Manitoba, Canada

K-Tec is a manufacturer of pull-pan earthmoving scrapers and accessories for the construction, mining, and agriculture end-markets, among others. K-Tec was founded in 2000 and is based in Rosenort, Manitoba.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-11 Advantage Business Marketing

Rockaway, New Jersey, United States

Advantage Business Marketing is a full-service digital marketing and information services company that provides publishing information to innovators at science, design engineering and manufacturing companies discover and procure new technologies that give them a competitive advantage. Advantage Business Marketing was founded in 2006 and is based in Rockaway, New Jersey.

Sell -