Amherst Partners Advises on Sale of Camshaft Machine Company

Amherst Partners Advises on Sale of Camshaft Machine Company

Amherst Partners, LLC (“Amherst”) is pleased to announce the sale of Camshaft Machine Company (“Camshaft” or the “Company”) to TransGo, a portfolio company of CenterGate Capital, L.P.  (“CenterGate”). Amherst acted as the exclusive financial advisor to Camshaft in connection with the transaction.

About Camshaft Machine Company

Founded in 1942 and headquartered in Jackson, Michigan, Camshaft manufactures internal combustion engine camshafts for the automotive aftermarket. The Company offers a broad portfolio of products serving diverse end markets, including the performance aftermarket, traditional aftermarket, and OEM replacement channels. Utilizing state-of-the-art manufacturing processes, Camshaft maintains more than 1,200 active part numbers and sells directly to over 50 customers nationwide.

About the Transaction

Camshaft’s owners engaged Amherst Partners to lead a comprehensive sale process. Amherst focused on identifying a well-capitalized partner positioned to support the Company’s continued growth and long-term strategic objectives.

The process generated significant interest from both strategic buyers and private equity firms. Following a competitive process, the Company selected TransGo, a portfolio company of CenterGate Capital, as its partner. CenterGate’s experienced industrial team brings a strong track record of supporting growth-oriented businesses and driving operational excellence.

Eastman & Smith served as legal counsel to Camshaft.

About Amherst Partners

With a track record that spans over 30 years, Amherst is one of the Midwest’s most reputable boutique investment banking advisory firms. Among its core services, Amherst provides middle-market and closely-held companies with significant financial advisory expertise for business divestitures, acquisitions, capital raises, and other corporate finance transactions. Our professionals share a commitment to developing a trusted advisor relationship with our clients and referral partners and have amassed an extraordinary track record of success, with over 450 domestic and cross-border transactions exceeding $20 billion in total transaction value. Securities-related transactions are offered through Amherst’s wholly owned subsidiary, One Amherst Partners LLC, a registered broker-dealer and member of FINRA and SIPC.  For more information, visit the Amherst Partners website: https://www.amherstpartners.com or follow us on LinkedIn.

Team
Chas

Chas Chandler

Partner, Investment Banking
Don

Don Luciani

Partner, Investment Banking
Fahad Profile Pic

Fahad Siddiqui

Director, Investment Banking
Wendzinski

John Wendzinski

Vice President, Investment Banking