MIAMI, FL – (July 1, 2015) Trivest Partners (“Trivest”) today announced that its affiliate, Northfield Industries, LLC (“Northfield” or “the Company”) has acquired D&N Machining, Co. (“D&N”). D&N is a leading manufacturer of precision components primarily for industrial customers throughout the United States. D&N’s machining capabilities range from micro parts to 17,000 lb. forgings. The D&N acquisition provides the Company with complementary manufacturing capabilities, blue-chip customer accounts and expands the business into new end markets. The combination of Northfield and D&N provides both companies with significant cross-selling opportunities due to the expanded capabilities each business offers the other.
The D&N purchase represents Northfield’s first acquisition, and the company intends to continue to pursue additional add-on opportunities to build scale and expand geographies.
About Northfield:
Northfield Industries, LLC is a rapidly growing manufacturer and distributor of precision machined components for the agricultural and industrial equipment markets. Headquartered in Schaumburg, Illinois and founded in 2002, Northfield specializes in the manufacturing of hubs, spindles, jacks and other customized components for tractors, forklifts, plows, spreaders and other farm equipment. Northfield is an indispensable supply chain partner to a blue-chip customer base that includes nearly every major agricultural equipment manufacturer and leading industrial OEMs. The Company is ISO 9001:2008 certified and maintains extraordinary quality standards. Please visit northfieldindustries.com.
About Trivest:
Trivest Partners is a private investment firm that focuses on partnering with founder/family owned businesses in the United States and Canada. Since its founding in 1981, Trivest has completed more than 225 transactions, totaling in excess of $5.5 billion in value. For additional information, please visit www.trivest.com.
