Private Equity Financing Funds Strategic Objectives
Industry: Manufacturer—Emission Control Systems
Company Profile: ACS provides innovative solutions in the design and manufacture of best-in-class exhaust systems, tubular products and
fabricated components for OEMs in the transportation industry. Its Bach-Simpson division was a designer and manufacturer of electronic instrumentation,
control equipment and panel meters. The products were primarily used by rail freight/transit original equipment manufacturers ("OEMs"), industrial OEMs
and electronics distributors.
NewPoint’s Role: NewPoint was retained to assist in the completion of a financial and operational restructuring of the
business. As a part of the process, it was concluded that Bach-Simpson should be sold. NewPoint led the effort to seek a potential acquiror on
terms favorable to ACS, whilst conducting an expeditious process.
Transaction Snapshot: NewPoint successfully canvassed a wide-variety of both strategic and financial buyers to gauge their interest
in acquiring the division. Ultimately, Global Railway Industries was chosen as the best party with which to complete a transaction. The sale
was considered a success for ACS in terms of "right-sizing" its business and providing capital to enhance the liquidity of the remaining core operations.
