MidOcean Partners Acquires Cloyes
February 22, 2022
MidOcean Partners has acquired Cloyes, a North American leader in timing drive systems and engine components, from Hidden Harbor Capital Partners. MidOcean plans to grow Cloyes through organic initiatives and strategic M&A to build a stronger platform in the automotive aftermarket; financial terms were not disclosed.
- Buyers
- MidOcean Partners
- Targets
- Cloyes
- Sellers
- Hidden Harbor Capital Partners
- Industry
- Automotive
- Location
- Arkansas, United States
- Transaction Type
- Buyout
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