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New Deal


Announced

Completed

Turnspire Capital Partners completed the acquisition of Goodyear Air Springs from EnPro Industries.

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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vehicle components

Auto Parts

United States

Acquisition

Friendly

Majority

Single Bidder

Private Equity

air springs

Private

Completed

Synopsis

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Turnspire Capital Partners, a special situations-focused private equity firm, completed the acquisition of Goodyear Air Springs, a provider of air springs for trucks, trailers, buses, and specialty vehicles, from EnPro Industries, an American industrial conglomerate. Financial terms were not disclosed. "Through our new company Infinity Engineered Products, we look forward to building on the Goodyear® Air Springs legacy by increasing the business' already substantial investment in research and development, technology and new product development, and other initiatives. We are incredibly excited to support the Infinity team as it pursues attractive growth opportunities and strategic acquisitions," Abel S. Osorio, Turnspire Partner.

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