Hopkins Manufacturing Acquired By ONCAP
CHARLOTTE, N.C. – BlackArch Partners is pleased to announce the sale of Hopkins Manufacturing Corporation, a leading manufacturer of branded automotive aftermarket products, to ONCAP Management Partners L.P., Onex Corporation’s dedicated middle-market private equity platform.
Hopkins previously was a portfolio holding of Friend Skoler & Co., Inc. BlackArch was retained to serve as exclusive financial adviser on the sale of the company.
Founded in 1953 and headquartered in Emporia, Kansas, Hopkins is a leading designer, manufacturer, distributor and marketer of innovative towing products and functional accessories for the automotive and recreational vehicle aftermarket. Hopkins is at the intersection of three key BlackArch Partners industry teams: Automotive Aftermarket; Consumer & Retail; and Transportation & Logistics.
Friend Skoler (www.friendskoler.com) is a private equity firm that invests in leading middle market companies with strong growth potential. The firm typically invests between $10 million and $30 million of equity per transaction and manages Friend Skoler Equity Investors, L.P., a private equity fund with $231million of capital commitments. A key element of the fund’s strategy is to leverage the firm’s extensive experience as investors in and operators of middle market companies. Friend Skoler is headquartered in Saddle Brook, N.J.
ONCAP (www.oncap.com), in partnership with operating company management teams, invests in and builds shareholder value in North American small and mid-size companies that are leaders in their defined market niche and possess meaningful acquisition and organic growth potential. ONCAP is the mid-market private equity platform of Onex, one of North America’s oldest and most successful investment firms committed to acquiring and building high-quality businesses in partnership with talented management teams.
BlackArch Partners is a middle-market investment bank that offers a full suite of investment banking advisory services to Financial Sponsors, Private Companies and Diversified Corporations. BlackArch addresses the needs of entrepreneurs, founders and shareholders of Private Companies with specialized services that include Strategic Advisory and Private Capital solutions, as well as M&A advisory work. Based in Charlotte, N.C., BlackArch covers all industries of interest to middle-market investors and its professionals have closed deals in 15 countries on four continents. Please visit our website, www.blackarchpartners.com, for more details.
Securities transaction conducted through BlackArch Securities LLC. Member FINRA and SIPC.