Mesirow, an independent, employee-owned financial services firm, has announced it acted as the exclusive financial advisor to American Chrome ("ACC" or the "Company") on its sale to Multi Parts, a portfolio company of Radial Equity Partners.
Based in Bolingbrook, IL and founded in 1983 by the Hou family, American Chrome has become a recognized leader in supplying the heavy -duty truck and RV industries. The Company utilizes a global network of contract manufacturers to supply OEMs, warehouse distributors and Tier 1 suppliers with high quality parts and accessories used in production and as replacements in the aftermarket. ACC services customers out of its ISO 9001 and ISO 14001 certified, 80,000 square foot distribution center.
"American Chrome has a deep history of providing premium quality parts and accessories to a dedicated base of long-term customers," said Linda Hou, President of American Chrome Company. "We are excited to partner with Multi Parts and Radial to take our business to the next level and preserve our family's legacy."
Brian Cohn, President of Multi Parts, said "We are confident that a partnership with American Chrome will create numerous strategic benefits that will allow us to collectively create an industry-leading supplier supporting leading heavy-duty and light-duty customers with robust technical capabilities and turnkey parts solutions."
The sale of American Chrome Company represents another successful assignment completed by Mesirow Investment Banking and highlights the firm?s capabilities within the diversified industrials sector. Committed to leveraging extensive sector-specific expertise across industry groups and nurturing deep long-standing relationships, Mesirow has a proven track record of completing highly tailored and successful transactions on behalf of clients.
About Mesirow
Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Global Investment Management, Capital Markets & Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities and our culture. To learn more, visit mesirow.com and follow us on LinkedIn.
Mesirow was recently named one of the Best Places to Work in Chicago by Crain's Chicago Business and one of the Top 100 RIA firms by Barron's.
About American Chrome Company
American Chrome Company is a premium 40+-year provider of quality OEM-grade heavy-duty truck parts and accessories. Founded in 1983 by the Hou family, American Chrome Company began as a distributor of chrome wheel accessories for heavy-duty trucks. Under the second-generation leadership of Linda Hou, the company has grown into a key supplier to OEMs and Tier suppliers in the Heavy-Duty truck and trailer markets, providing both aftermarket and production parts and accessories. For more information, visit www.americanchrome.com.
About Multi Parts
MPS is a developer and provider of vehicle aftermarket parts to suppliers and their leading global brands. MPS has a fully integrated global operating network that provides product design & development, manufacturing, testing & quality control, logistics, and customer support from the company's locations in North America, Europe, and Asia. For more information, visit www.multiparts.net.