- Represented Advanced Transit Dynamics, Inc. (“ATD”) in its sale to Stemco LP, a subsidiary of EnPro Industries, Inc. (NSYE:NPO).
- ATD is a leading trailer transportation technology company focused on the rapid commercialization of next generation fuel efficiency and safety equipment.
- Stemco is a truck equipment company specializing in the manufacture and supply of wheel-end components to the heavy- and medium-duty trucking markets in North America and internationally.
- ATD was seeking to provide liquidity to long-term stockholders after achieving critical mass in the business.
- ATD was experiencing strong growth across its product portfolio as large commercial fleets began to rapidly adopt rear-drag aerodynamic technology.
- ATD’s TrailerTail© technology had reached the “tipping point” in the technology adoption curve.
- The Company’s ability to generate revenue was rapidly exceeding its operational and organizational capacity.
- Significant untapped international expansion opportunities in Europe and other countries.