AURELIUS Private Equity Mid-Market Buyout announced the acquisition of Teijin Automotive Technologies North America ('TAT-NA'). TAT-NA is one of the leaders in advanced composite materials technology for the automotive, heavy truck, marine, and recreational vehicle sectors, under its ultimate parent company, Teijin Limited.

This acquisition is the first deal advised by AURELIUS' New York investment consulting team just a few months after opening its North American market office.

Producing advanced composite materials components for automobiles

TAT-NA is headquartered in Auburn Hills, Michigan, with approximately 4,500 employees and annual revenues exceeding $1 billion. The company has 14 branches in the United States and Mexico, specializing in the development and production of advanced composite parts for the global automotive and transportation industries. TAT-NA's vertically integrated operational model and market-leading scale provide reliable assets and capabilities to maintain long-term supply relationships with major OEMs in North America.

AURELIUS will provide new growth opportunities for the standalone TAT-NA business, whose unique, durable lightweight composite products are independent of the powertrain and thus well-suited to meet the long-term demand for Class A and structural vehicle components.

"Teijin Automotive Technologies North America has a long history of supplying major players in the North American automotive industry. We are particularly proud of this acquisition, as it is the first deal advised by our recently opened New York office. Our operations consulting team's experts will focus on providing a range of value creation plans across the entire production base network, while driving operational excellence through improved quality and efficiency," said Stephan Mayerhausen, Managing Director of AURELIUS Investment Advisory and head of AURELIUS's New York office.

"When we look to the future with the resources and support of the AURELIUS team, we are excited about the opportunities," said TAT-NA CEO Chris Twining. "The AURELIUS Operations Consulting team is committed to ensuring we remain at the forefront of the market, and I look forward to working with them to continue developing new material technologies while improving our operations, efficiency, and quality."

AURELIUS is advised by Mizuho’s M&A team, Baker McKenzie (legal), EY (financial and tax), AON (insurance), and Ramboll (environmental).