Motor City Industrial has been Acquired by AFC Industries
Kian Capital Partners and Oakland Standard Co. have sold Motor City Industrial to AFC Industries, a portfolio company of Bertram Capital.
Headquartered in Birmingham, Michigan, Motor City is a technology-driven, value-added distributor of fasteners and other class-c components, serving as a vital supply chain partner to a deeply embedded and highly recurring customer base.
AFC is a full-service industrial distributor offering vendor-managed inventory services, kitting, light assembly, private labeling and other supply chain solutions to OEM manufacturers, utilities, distributors and users of class-c components. The acquisition of Motor City provides AFC with a knowledgeable employee base in growing geographies and access to an attractive base of longstanding customers.
Kian Capital Partners is a private investment firm that provides flexible financial resources and operational horsepower to scale middle-market, founder/owner-operated businesses. Kian currently has US$425 million of capital under management and is focused on four core industry sectors: consumer, services, specialty manufacturing and value-added distribution. Based in Michigan, Oakland Standard Co. is a leading lower middle-market private equity firm that primarily invests in industrial companies.
Oaklins TM Capital in the US served as the exclusive financial advisor to Motor City Fastener, a portfolio company of Kian Capital Partners and Oakland Standard Co., in connection with its sale to AFC Industries, a portfolio company of Bertram Capital.
Joe Stephens
CEO, Motor City Industrial
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