Houlihan Lokey Advises GT Technologies

Houlihan Lokey is pleased to announce the sale of GT Technologies, Inc. (GT), a portfolio company of American Securities, LLC, to Industrial Opportunity Partners, LLC (IOP). The transaction closed on February 3, 2017.

GT Technologies is an international leader in the engineering and manufacturing of performance-critical valvetrain components and systems for gasoline and diesel internal combustion engines. The company is a recognized technology leader, with innovative solutions that improve engine performance and drive fuel efficiency and emissions reduction for a wide variety of engine platforms.

American Securities is a leading U.S. private equity firm with approximately $15 billion under management. Based in New York, American Securities invests in market-leading North American companies with annual revenues generally ranging from $200 million to $2 billion and/or EBITDA of $50 million to $200 million.

Industrial Opportunity Partners is an Illinois-based, operations-focused private equity investment firm. With $460 million of committed capital since its inception, IOP is focused on acquiring and managing middle-market manufacturing and value-added distribution businesses. Utilizing its operations-focused approach and dedicated Board of Operating Principals, IOP has a track record of stabilizing, growing, and enhancing the value of its acquired businesses.