Announced
Completed
Financials
Tags
Private
Completed
Friendly
heavy duty equipment
Acquisition
Majority
Private Equity
United States
Domestic
Single Bidder
Electronic Components and Equipment
Synopsis
KPS Capital-backed DexKo Global, a provider of highly engineered trailer running gear, chassis assemblies and related components, completed the acquisition of Silent Drive a company serving specialty heavy duty suspension market offering air suspensions for liftable tags and pushers, drive axle suspensions. Financial terms were not disclosed. "The addition of Silent Drive to Dexter's already-diverse product portfolio will further expand our specialty heavy duty and suspension capabilities, allowing continuous growth for both brands. Our companies' core foundations of innovation and delivering a quality product align exceptionally well," Adam Dexter, Dexter President & CEO.
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