SSG Capital Advisors served as the investment banker to Gibbs Die Casting Corporation, a subsidiary of Koch Enterprises, Inc. (“KEI”), in the sale of 100% of its equity ownership interests to Architect Equity. The transaction closed in January 2025. Transaction details shall remain confidential.
Founded in 1965 and located in Henderson, Kentucky, Gibbs’ core capabilities include advanced engineering, experienced tool & die development and production, die casting and machining & assembly. Gibbs specializes in the production of high-quality metal components, primarily supplying driveline, powertrain, and transmission components to the automotive industry. Utilizing a variety of materials, including aluminum and aluminum alloys, Gibbs excels in the creation of intricate components. The Company's expertise lies in delivering technically challenging, high volume, and complex cast, machined and assembled products to a global customer base.
SSG was retained by KEI to serve as investment banker in the exploration of strategic alternatives, including a potential sale of Gibbs. SSG conducted a comprehensive marketing process that attracted interest from multiple parties who engaged in a thorough review of the business. Architect Equity was selected as the best financial and strategic partner for the business and purchased 100% of KEI’s equity ownership interests in Gibbs. SSG’s experience in the automotive and manufacturing industries resulted in a transaction that maximized value for KEI and positioned Gibbs for continued success under new ownership.
Architect Equity is a private equity fund focused on acquiring, managing and improving businesses going through transition in the lower middle market.
Other professionals who worked on the transaction include:
- David D. Sanders of Fine & Hatfield P.C., counsel to Gibbs Die Casting Corporation; and
- Spencer Yee of Yee & Shih LLP, counsel to Architect Equity.