Houlihan Lokey is pleased to announce the sale of Royal Die & Stamping Co., Inc., (RDS) to Industrial Growth Partners (IGP). The transaction closed on April 21, 2017.
Headquartered in Carol Stream, Illinois, RDS is a leading supplier of high-precision, critical electrical connectivity components for automotive and industrial applications. Using complex alloys, the company designs and manufactures a broad portfolio of battery terminals, eyelet terminals, fuse components, and lead frames, among other electrical connectivity-focused and functional products. RDS is distinguished within the industry by its custom design and engineering expertise, vast library of proprietary products, and exceptional quality and customer service. The company is poised to benefit from secular trends driving more electrical content in automobiles, which have enabled it to outperform its core end markets over the past decade. Since its founding in 1938, RDS has been family owned and operated for three generations.
Founded in 1997, IGP is a San Francisco-based specialist private investment partnership with $2.2 billion of equity capital raised since inception. In partnership with management teams, the firm invests exclusively in middle-market companies in the industrial sector.