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Announced

Completed

KPS Capital-backed DexKo Global completed the acquisition of Silent Drive.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Completed

Friendly

heavy duty equipment

Acquisition

Majority

Private Equity

United States

Domestic

Single Bidder

Electronic Components and Equipment

Synopsis

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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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