Go to deals
Private Equity | Industrial Machinery & Components

Motor City Industrial has been Acquired by AFC Industries

Kian Capital Partners and Oakland Standard Co. have sold Motor City Industrial to AFC Industries, 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 Partners is a private investment firm that provides flexible financial resources and operational horsepower to scale middle-market, founder/owner-operated businesses. Kian currently has US$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 Co. is a leading lower middle-market private equity firm that primarily invests in industrial companies.

Oaklins TM Capital in the US served as the exclusive financial advisor to Motor City Fastener, a portfolio company of Kian Capital Partners and Oakland Standard Co., in connection with its sale to AFC Industries, a portfolio company of Bertram Capital.

Parties
“Oaklins 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

Talk to the deal team

 Allan C. Cruickshanks

Allan C. Cruickshanks

Managing Director
Atlanta, United States
Oaklins TM Capital
 Matt  Rosenthal

Matt Rosenthal

Associate Director
Atlanta, United States
Oaklins TM Capital
 Marissa  Guzzo

Marissa Guzzo

Analyst
Boston, United States
Oaklins TM Capital
 Alden  Richards

Alden Richards

Analyst
Atlanta, United States
Oaklins TM Capital

Related deals

Xeros Technology Group has completed a placing, subscription and retail offer
Industrial Machinery & Components

Xeros Technology Group has completed a placing, subscription and retail offer

Xeros Technology Group plc has raised funds to drive forward its commercialization strategy.

Learn more
Thrive Freeze Dry has successfully sealed the acquisition deal with Paradiesfrucht GmbH
Private Equity | Food & Beverage

Thrive Freeze Dry has successfully sealed the acquisition deal with Paradiesfrucht GmbH

Paradiesfrucht GmbH, a gobal freeze dryer of fruits, fruit preparations, drops, powders and granulates, has been acquired by Thrive Freeze Dry (Thrive), a portfolio company of Entrepreneurial Equity Partners (e2p) and Mubadala Capital. The transaction is expected to close in 2024, subject to customary closing conditions, including antitrust approval.

Learn more
Perkbox has been acquired by Great Hill Partners
Private Equity | TMT

Perkbox has been acquired by Great Hill Partners

Molten Ventures has sold Perkbox to Great Hill Partners.

Learn more