Simpson Industries

Situation

Simpson Industries supplied powertrain and chassis products to original equipment manufacturers across the globe. Simpson combined with MascoTech and Global Metal Technologies in 2000 to form Metaldyne.

Solution

Amherst was engaged as exclusive financial advisor to Simpson Industries in its acquisition of the vibration attenuation business from the Holset Division of Cummins Engine Company.

Results

Amherst provided financial and due diligence support to Simpson in its acquisition of the Holset damper business from Cummins. The transaction was strategic to Simpson as it solidified an important relationship with Cummins.