Balmoral Funds Affiliate Acquires R.H. Sheppard Co., Inc.
December 20, 2024
An affiliate of Balmoral Funds LLC has acquired R.H. Sheppard Co., Inc. from Bendix Commercial Vehicle Systems LLC (a North American subsidiary of Knorr-Bremse). The transaction establishes Sheppard as an independent, PE-backed platform focused on steering technologies for Class 5-8 trucks, with management and operational investment planned to drive growth and innovation.
- Buyers
- Balmoral Funds LLC (affiliate)
- Targets
- R.H. Sheppard Co., Inc.
- Sellers
- Bendix Commercial Vehicle Systems LLC, Knorr-Bremse
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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