In February 2016, Millennium was acquired by TI Automotive. The transaction strengthens TI’s powertrain product portfolio, its technical resources and manufacturing capabilities. DPP acted as the exclusive investment banking advisor to Millennium.
MILLENNIUM INDUSTRIES CORPORATION
Millennium Industries Corporation ("Millennium" or the “Company”) headquartered in Ligonier, IN, is a leading supplier of complex fluid and air delivery components and systems, such as fuel rails, fuel lines and turbocharger oil lines used in critical powertrain applications in the automotive market.
TI Automotive ("TI") headquartered in Oxford, United Kingdom, is a global supplier of advanced automotive fluid carrying and delivery systems. TI has 25,000 employees at more than 125 locations in 29 countries. In 2015, TI was acquired by Bain Capital.