June 4, 2015

Trive Capital Partners with Management in Buyout of Madison-Kipp

Dallas, Texas and Madison, Wisconsin

Trive Capital (“Trive”), the Dallas-based private equity firm, is excited to announce its investment in Madison-Kipp Corporation (“MKC” or the “Company”) by supporting senior management in a buyout of the business. Headquartered in Madison, Wisconsin, MKC is a fully-integrated manufacturer of precision aluminum die cast and machined assemblies for customers in the automotive, leisure, and lawn & garden categories. MKC has carved out a strong position in mission critical drivetrain components. With over 320,000 square feet of manufacturing space spread across three state-of-the-art facilities in the Midwest, MKC offers its customers a complete die casting and machining solution.

Trive partnered with Tony Koblinski, MKC’s Chief Executive Officer, in the purchase of the Company from its prior owner, J. Reed Coleman, whose family had owned the business for over 100 years. “The newly formed partnership between MKC and Trive will enable the Company to pursue a new phase of growth while focusing on adding value to our trusted Tier I and OEM customers,” remarked Tony Koblinski. “I elected to partner with the Trive team based on their collaborative approach, commitment to growth, and operational resources, which will help strengthen our company going forward.”

“Trive seeks to partner with driven, highly-skilled operators like the team at MKC in creating long term strategic value,” commented Trive Partner Chris Zugaro. “Our experience in the industry, creative transaction structure, and operational strategy made us the ideal candidate to partner with management and collaborate in executing MKC’s growth opportunities.”

David Stinnett, Managing Director at Trive, commented, “MKC is a storied organization with a reputation for delivering best in class quality, product innovation and supply chain management. Moreover, the Company’s ability to offer fully integrated casting and machining creates a differentiated solution that we expect will drive continued growth. Trive is excited to work with management to bolster MKC’s manufacturing capabilities and expand capacity to meet growing demand.”

 

About Madison-Kipp

MKC is one of North America’s premier, full-service manufacturers of mission-critical precision cast and machined components and systems. The Company services major vehicle and motorcycle platforms across a number of blue-chip OEM and Tier I customers and also provides highly-engineered components to lawn & garden customers. MKC’s three Wisconsin plants utilize state-of-the-art automated systems to offer a broad range of fully integrated capabilities, making MKC a complete die casting and machining solution.


About Trive

Trive Capital is a Dallas, Texas based private equity firm with more than $7 billion of regulatory assets under management. Trive focuses on investing equity and debt in what it sees as strategically viable middle-market companies with the potential for transformational upside through operational improvement. We seek to maximize returns through a hands-on partnership that calls for identifying and implementing value creation ideas.

The Trive team is comprised of seasoned investment professionals who have been involved in over 100 middle-market transactions representing in excess of $6 billion in revenue across Trive’s targeted industry sectors and situations.

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