The Timken Company Acquires Torsion Control Products
April 12, 2017
The Timken Company has acquired Torsion Control Products, Inc., a Rochester Hills, Michigan-based designer and manufacturer of engineered torsional couplings and torque limiter products for off-highway power transmission applications. Timken said the acquisition expands its couplings product offering and technical capabilities and will help broaden its global footprint; Angle Advisors advised TCP on the transaction.
- Buyers
- The Timken Company
- Targets
- Torsion Control Products, Inc.
- Sellers
- Tim Thane (one of the former owners), Former owners of Torsion Control Products
- Industry
- Manufacturing
- Location
- Michigan, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Harrington Process Solutions Acquires Cortrol Process Systems
August 5, 2024
Industrial Services
Harrington Process Solutions has acquired Cortrol Process Systems, a Tulsa-based distributor and fabricator of non-metallic, corrosion-resistant flow-control products. The acquisition expands Harrington's flow-control product portfolio and fabrication capabilities to better serve chemical processing, municipal water, and industrial customers across the Midwest and Gulf Coast; financial terms were not disclosed.
-
The Timken Company Acquires CGI, Inc.
August 5, 2024
IT Services
The Timken Company has completed its previously announced acquisition of CGI, Inc., a Nevada-based manufacturer of precision drive systems with a concentration in medical robotics. The acquisition expands Timken’s motion-control platform and complements its existing Cone Drive and Spinea offerings.
-
Cloyes Gear & Products Acquires Automotive Tensioners, Inc.
February 21, 2024
Automotive
Cloyes Gear & Products, a Fort Smith, Arkansas-based designer and manufacturer of timing drive systems, has acquired Denton, Texas-based Automotive Tensioners, Inc. (ATI), a supplier of front-end accessory drive pulleys and tensioners for the automotive aftermarket. The add-on strengthens Cloyes' aftermarket product portfolio and distribution reach, building on recent platform activity including the Rotomaster acquisition.
-
The Timken Company Acquires Engineered Solutions Group (iMECH)
October 16, 2023
Manufacturing
The Timken Company has agreed to acquire Engineered Solutions Group (also known as Innovative Mechanical Solutions or iMECH), a Houston-based manufacturer of thrust and radial bearings, specialty coatings and other components serving the energy industry. iMECH employs approximately 70 people and projects about $30 million in revenue for 2023; Timken will fund the purchase with cash on hand and its existing revolving credit facility and expects the deal to close in the fourth quarter.
-
Kaulig Capital Acquires Torsion Group Corporation
March 10, 2022
Building Products
Kaulig Capital, the family office of the Kaulig Companies, acquired Torsion Group Corporation (TGC), a vertically integrated manufacturer and distributor of garage door parts and accessories, from MCM Capital Partners. The transaction gives Kaulig control of TGC’s manufacturing footprint (including a 60,000 sq. ft. plant in Evansville, IN and a 70,000 sq. ft. headquarters in Strongsville, OH), its nationwide distribution network and e-commerce channel North Shore Commercial Door (NSCD).
-
Torsion Group Corp Acquires North Shore Commercial Door
August 1, 2019
E-Commerce
Torsion Group Corp (TGC), a manufacturer and distributor of garage door parts and accessories, acquired North Shore Commercial Door (NSCD), an established online retailer and distributor of garage door replacement parts and openers. The deal expands TGC’s e-commerce presence, broadens its product offering and provides access to DIY customers and dealers outside TGC’s traditional channels.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.