August 27, 2013
Wynnchurch Capital, a Chicago-based private equity firm with offices in Detroit and Toronto and an affiliate office in Montreal, has acquired Imperial Group L.P. from Accuride Corp. in partnership with BMO Mezzanine Fund.
Imperial is a metal fabricator supplying light- and medium-gauge fabricated metal components, precision metal stampings, and value-added assemblies serving heavy truck, bus, and industrial OEMs. It has operations in Portland, Tenn.; Decatur, Texas; Denton, Texas; Dublin, Va.; and Chehalis, Wash.
The Imperial investment follows Wynnchurch's acquisition of Detroit Tool Metal Products Co. (DTMP), which was completed in June 2013. Imperial and DTMP will operate as subsidiaries of Ironform Holdings Co., using their respective brand names.