Sale to Industrial Growth Partners

Industrial
Sale to Industrial Growth Partners

Summary

Baird served as lead financial advisor to Grakon Holdings LLC on this transaction.

About

Grakon Holdings LLC (“Grakon” or the “Company”), a portfolio company of Greenbriar Equity Group LLC (“Greenbriar”), was recently acquired by Industrial Growth Partners (“IGP”). Terms of the transaction were not disclosed.

Grakon is a leading designer and manufacturer of highly-engineered interior and exterior LED lighting systems and trim components for leading North American and international OEMs that are focused on transportation markets, including commercial vehicle, specialty vehicle, bus and rail. The Company has operations in North America, Europe and China. Grakon was founded in 1978 and is headquartered in Seattle, Washington.

Greenbriar is a private equity investment firm focused exclusively on global transportation industries, including aerospace and defense, logistics and distribution, freight and passenger transport, and automotive. Founded in 1999, Greenbriar has over $2.5 billion of committed capital and is headquartered in Rye, New York.

IGP is a private investment partnership focused exclusively on acquiring middle-market industrial manufacturing businesses. Since its founding in 1997, IGP has raised over $1.4 billion in equity capital across four funds and has successfully invested alongside management in over two dozen platform transactions. IGP is headquartered in San Francisco, California.

For additional information about this transaction, please contact:

Chris McMahon +1 (312) 609-4983
Adam Czaia +1 (414) 298-7358
Tom Lacy +1 (414) 298-7648
Mike Lindemann +1 (414) 298-7408
Joachim Beickler +49 (0) 69 130 149 51
Dale Rudow +1 (414) 298-7495
Industrial
Sale to Industrial Growth Partners
Date
November 2014
Company
Grakon Holdings LLC
Transaction
M&A
Sectors
Industrial
Target Geography
North America
Acquiror Geography
North America

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