AURELIUS Acquires Dayco Propulsion Solutions Business

May 2, 2024

AURELIUS Private Equity has acquired Dayco's Propulsion Solutions division in a carve-out from Dayco Incorporated, a company backed by Hidden Harbor Capital Partners. The business — a global supplier of power transmission systems for light-vehicle and commercial/off-highway OEMs with more than $450m in revenue — will be positioned for operational transformation and growth under AURELIUS.

Targets
Dayco Propulsion Solutions
Sellers
Dayco Incorporated, Hidden Harbor Capital Partners
Industry
Manufacturing
Location
Michigan, United States
Transaction Type
Divestiture

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