Industrial Manufacturing & Distribution, Distribution, Business Services, Industrials | Mergers & Acquisitions, Sponsor Related

Motor City Industrial has been Acquired by AFC Industries

  • TM Capital served as exclusive financial advisor to Motor City Fastener, LLC (d/b/a Motor City Industrial or “Motor City”), a portfolio company of Kian Capital Partners and Oakland Standard Co., in connection with its sale to AFC Industries, Inc. (“AFC”), a portfolio company of Bertram Capital
  • Headquartered in Birmingham, Michigan, Motor City is a technology-driven value-added distributor of fasteners and other class-c components, serving as a vital supply chain partner to a deeply embedded and highly recurring customer base
  • AFC is a full-service industrial distributor offering vendor managed inventory services, kitting, light assembly, private labeling and other supply chain solutions to OEM manufacturers, utilities, distributors and users of class-c components
  • The acquisition of Motor City provides AFC with a knowledgeable employee base in growing geographies and access to an attractive base of longstanding customers
  • Kian Capital is a private investment firm that provides flexible financial resources and operational horsepower to scale middle-market, founder/owner operated businesses. Kian currently has $425 million of capital under management and is focused on four core industry sectors: consumer, services, specialty manufacturing and value-added distribution.
  • Based in Michigan, Oakland Standard is a leading lower middle market private equity firm that primarily invests in industrial companies
  • Founded in 2006, Bertram Capital is a private equity firm targeting investments in lower middle market companies and employs an operationally-focused value creation strategy

Client Testimonial

“TM Capital was a vital partner to our process and a critical advisor in the most complex parts of the transaction, driving an exceptional outcome.”
– Joe Stephens, CEO, Motor City Industrial