AGM Automotive Partners with Chicago Miniature Lighting Team
THE TRANSACTION
AGM and Trive Capital, the Dallas-based private equity firm, are proud to announce that a subsidiary of AGM has acquired substantially all of the assets of ChML. Through ChML’s strategically located facilities in Novi and Costa Rica, it offers customers full service capabilities, including design and engineering, manufacturing, assembly, sequencing, and supply and distribution in all major markets, including North America, Europe, Asia and South America. ChML specializes in providing lighting systems, including overhead systems, light pipes, LED ambient lighting and other lighting systems to original equipment manufacturers and Tier I suppliers worldwide.
Our Client
AGM AUTOMOTIVE, INC.
AGM Automotive, LLC (“AGM”) is a leading global supplier of premium interior components and systems, including interior lighting, overhead console systems, innovative textiles, and other interior assemblies to the automotive marketplace. AGM is headquartered in Troy, MI and has manufacturing, assembly and warehousing operations in Michigan and China.
TRIVE CAPITAL
Trive Capital is a Dallas–based private equity firm focused on making private equity investments in companies based in the US and Canada. Trive is currently investing from a $300 million institutional fund raised in 2013. Trive made an investment in AGM in January 2014 to support AGM’s future growth initiatives.
Transaction Partner
CHICAGO MINIATURE LIGHTING, LLC
Chicago Miniature Lighting, LLC (“ChML”) headquartered in Novi, Michigan, is a supplier of innovative automotive LED lighting solutions, such as overhead systems, light pipes, ambient lighting, and other interior and exterior lighting systems. ChML provides design and engineering, manufacturing, assembly, sequencing, and supply and distribution services for customers worldwide from facilities located in the United States and Costa Rica.
CONTACT
Automotive & Truck
Automotive & Truck
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