Industrial Products


Manufacturer of fuel-efficiency and aerodynamic technology equipment solutions for the global transportation market.

Transaction Overview

  • 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.

Key Observations

  • 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.
Hennepin Partners LLC