Acquisition of American Van Equipment, Inc.

Industrial
Acquisition of American Van Equipment, Inc.

Summary

Baird served as the exclusive financial advisor to Safe Fleet on this transaction

About

Safe Fleet, a portfolio company of Oak Hill Capital Partners (“Oak Hill”), recently completed its acquisition of American Van Equipment, Inc. (“American Van”). Terms of the transaction were not disclosed.

Safe Fleet owns a portfolio of brands that provide safety and productivity solutions to fleet vehicle manufacturers and operators around the world. These brands serve several major markets including: Bus, Rail, RV, Truck & Trailer, Work Truck, Law Enforcement, Emergency, Waste, Industrial and Military. With over 1,300 employees and 11 manufacturing locations, Safe Fleet targets markets with increasing demand for operator, passenger and pedestrian safety. Safe Fleet is headquartered in Belton, Missouri.

Oak Hill is a private equity firm managing funds with more than $12 billion of initial capital commitments and co-investments since inception from leading global endowments and foundations, public and corporate pension plans, sovereign wealth funds, insurance companies, financial institutions, consultants and family offices. Over the past 30 years, Oak Hill and its predecessors have invested in over 85 significant private equity transactions across broad segments of the. United States and global economies. Oak Hill works actively in partnership with management to implement strategic and operational initiatives to create franchise value. Oak Hill is headquartered in New York, New York.

American Van is a leading manufacturer and distributor of van and truck shelving, storage systems and accessories, producing high quality interior and exterior components that help improve worker productivity and vehicle safety. American Van services a wide variety of contractors and fleets directly through its comprehensive online presence, catalog distribution and three showroom facilities. American Van is headquartered in Lakewood, New Jersey.
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Industrial
Acquisition of American Van Equipment, Inc.
Date
May 2018
Company
Safe Fleet
Transaction
M&A
Sectors
Industrial
Target Location
North America
Acquiror Location
North America

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