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Quarton Partners advises Resilience Capital Partners in its sale of Steel Parts to Monomoy Capital Partners.

Transaction

Steel Parts Manufacturing, Inc., a portfolio company of Resilience Capital Partners, has been acquired by Monomoy Capital Partners. Quarton Partners acted as exclusive financial advisor to Steel Parts and Resilience Capital Partners in managing the sale process.

Company

Steel Parts is a leading supplier of tight-tolerance precision metal stamped and formed components for light, medium and heavy-duty vehicle transmission applications. Steel Parts has developed a leading market share position in North America and a blue chip customer base that includes a number of leading original equipment manufacturers and Tier I suppliers.

Buyer / Investor

Monomoy Capital Partners is a private equity firm with $700 million of assets under management that makes controlling investments in middle-market companies. The Fund has completed 33 transactions in the smaller end of the middle-market over the past five years and currently owns 11 businesses that collectively employ more than 5,000 people. Monomoy implements customized business improvement programs in all portfolio companies that reduce operating expenses, increase profitability and encourage profitable growth.

Contact

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André A. Augier

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Gregory S. McGowan

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Alexander J. Schroeder

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