Houlihan Lokey Advises ATA
Houlihan Lokey is pleased to announce that ATA has been acquired by Harvey Performance Company (Harvey Performance), a leading provider of specialised cutting tools for precision machining applications.
Ireland-based ATA is a precision engineering multinational and the parent company of Karnasch, SGSPRO, ATA Tools, Van Hoorn Carbide, Industrial Tooling Corp., and Garryson. Since its inception as a family business in 1963, ATA has remained steadfast in its dedication to manufacturing, supplying, and distributing tools of exceptional quality to industrial leaders around the globe. Today, it boasts a product offering exceeding 25,000 precision industrial cutting tools to leading manufacturing industries, including aerospace, power generation, electronics, and more. With operating locations in Ireland, the United Kingdom, the United States, Germany, Switzerland, and the Netherlands, ATA engineers, manufactures, and distributes its products from its seven manufacturing facilities worldwide.
Harvey Performance strives to offer unique and innovative products to solve the industry’s most challenging machining requirements. Its distinct brands, Harvey Tool, Helical Solutions, Micro 100, Titan USA, CoreHog, and Valor Holemaking, serve speciality needs and markets with a shared commitment to delivering high-quality products and superior service. The brands offer a broad range of products and services that help support machinists, engineers, and CNC programmers while giving their shops a competitive advantage.
Harvey Performance and ATA are both established leaders in their respective geographies, and the acquisition is expected to create a powerful combination across North America and Europe. The acquisition will bring an outstanding international platform on which Harvey Performance can continue to grow and expand. The ATA management team will continue to drive business for the company outside of the U.S.
Houlihan Lokey acted as the exclusive financial advisor to ATA.
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