Press Release

Mesirow Advises American Chrome on its Sale to Multi Parts, a portfolio company of Radial Equity Partners

• American Chrome is a heavy-duty truck and RV parts and accessories supplier to OEMs and warehouse distributors for production and aftermarket applications
• American Chrome has over 40 years of history serving as a trusted partner to the heavy duty truck and RV markets 
• Mesirow acted as the exclusive financial advisor on this transaction, highlighting the firm’s continued track record in the diversified industrials sector

CHICAGO, January 29, 2024 – Mesirow, an independent, employee-owned financial services firm, has announced it acted as the exclusive financial advisor to American Chrome (“ACC” or the “Company”) on its sale to Multi Parts, a portfolio company of Radial Equity Partners.

Based in Bolingbrook, IL and founded in 1983 by the Hou family, American Chrome has become a recognized leader in supplying the heavy -duty truck and RV industries. The Company utilizes a global network of contract manufacturers to supply OEMs, warehouse distributors and Tier 1 suppliers with high quality parts and accessories used in production and as replacements in the aftermarket. ACC services customers out of its ISO 9001 and ISO 14001 certified, 80,000 square foot distribution center.

“American Chrome has a deep history of providing premium quality parts and accessories to a dedicated base of long-term customers,” said Linda Hou, President of American Chrome Company. “We are excited to partner with Multi Parts and Radial to take our business to the next level and preserve our family’s legacy.”

Brian Cohn, President of Multi Parts, said “We are confident that a partnership with American Chrome will create numerous strategic benefits that will allow us to collectively create an industry-leading supplier supporting leading heavy-duty and light-duty customers with robust technical capabilities and turnkey parts solutions.”

The sale of American Chrome Company represents another successful assignment completed by Mesirow Investment Banking and highlights the firm’s capabilities within the diversified industrials sector. Committed to leveraging extensive sector-specific expertise across industry groups and nurturing deep long-standing relationships, Mesirow has a proven track record of completing highly tailored and successful transactions on behalf of clients.

About Mesirow 

Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Global Investment Management, Capital Markets & Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities and our culture. To learn more, visit mesirow.com and follow us on LinkedIn.

Mesirow was recently named one of the Best Places to Work in Chicago by Crain’s Chicago Business and one of the Top 100 RIA firms by Barron’s.

About American Chrome Company

American Chrome Company is a premium 40+-year provider of quality OEM-grade heavy-duty truck parts and accessories. Founded in 1983 by the Hou family, American Chrome Company began as a distributor of chrome wheel accessories for heavy-duty trucks. Under the second-generation leadership of Linda Hou, the company has grown into a key supplier to OEMs and Tier suppliers in the Heavy-Duty truck and trailer markets, providing both aftermarket and production parts and accessories. For more information, visit www.americanchrome.com.

About Multi Parts

MPS is a developer and provider of vehicle aftermarket parts to suppliers and their leading global brands. MPS has a fully integrated global operating network that provides product design & development, manufacturing, testing & quality control, logistics, and customer support from the company's locations in North America, Europe, and Asia. For more information, visit www.multiparts.net.

 

Nothing contained herein constitutes an offer to sell or a solicitation of an offer to buy an interest in any Mesirow investment vehicle(s). Mesirow Financial, Inc. is not affiliated with American Chrome, Multi Parts, or their affiliates. Past performance is not indicative of future results. Mesirow refers to Mesirow Financial Holdings, Inc., and its divisions, subsidiaries, and affiliates. The Mesirow name and logo are registered service marks of Mesirow Financial Holdings, Inc. © 2024. All rights reserved. Securities offered through Mesirow Financial, Inc. member FINRA, SIPC.

2022 Crain’s Best Places to Work (Received August 2022 reflective of previous 12 months – Licensing fees paid post award for use of the ranking). Best Companies Group (BCG), an independent workplace excellence research firm, conducted a two-part survey. Part one, consisted of an employer questionnaire, used to collect information about benefits, policies, practices, and other general information. Part two was a confidential 77-question employee survey used to evaluate local employee’s workplace experience and culture. Rankings and/or recognition by unaffiliated rating services and/or publications are not indicative of a firm’s future performance nor do they evaluate the quality of services provided to clients or guarantee that he/she will experience a certain level of results if Mesirow is engaged, or continues to be engaged, to provide investment advisory services, nor should they be construed as a current or past endorsement of Mesirow by any of its clients.

2023 Barron’s Top RIAs (Received September 2023 for the year 2022 – Licensing fees paid post award for use of the ranking). In order to be considered for the Barron’s 2023 Top RIA Firms list, applicants were required to complete a 145-question survey, with the firm’s ADV informing the majority of responses. Firms were also required to meet a number of other specified requirements to be eligible for inclusion. Firms were ranked based on various qualitative and quantitative factors, including assets managed, the size and experience of teams, regulatory records of the advisors and firms, technology spending, staff diversity, organic and M&A growth, client segmentation as well as succession planning.

 

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