Combination Creates a Differentiated Provider of Noise, Vibration, and Harshness Solutions
Los Angeles – August 8, 2023 – VisTech Manufacturing Solutions (“VisTech”), a vertically-integrated noise, vibration, and harshness (“NVH”) solutions provider to the North American automotive industry and a portfolio company of Angeles Equity Partners, LLC (“Angeles”), today announced the acquisition of substantially all of the assets of Industry Products Company (“IPC”), a supplier of NVH solutions, primarily to automotive original equipment manufacturers (“OEMs”). IPC is based in Piqua, Ohio and was previously owned by various members of the Pautsch Family since its founding in 1966.
“This is a very strategic and synergistic transaction that creates meaningful scale and an exceptional set of capabilities,” said Sameer Patel, managing director at Angeles Equity Partners. “Combining IPC’s product portfolio and strategic manufacturing locations with VisTech will allow us to better serve our customers with a comprehensive set of differentiated NVH solutions.”
IPC is a supplier of engineered acoustic absorbing systems, water sealing components and cargo trim solutions for key automotive OEMs in North America. IPC operates several strategically located manufacturing facilities located across the Midwest and Southeast region of the United States, as well as an international presence in Silao, Mexico.
About Angeles Equity Partners
Angeles Equity Partners is a specialist lower middle-market private equity investment firm with a consistent approach to transforming industrial businesses. In partnership with Angeles Operations Group, LLC, the Angeles skill set drives the firm’s investment philosophy and, in its view, can help businesses reach their full potential. Learn more online at www.angelesequity.com.
About Industry Products Company
Headquartered in Piqua, OH, IPC was founded in 1966 by Bill Pautsch as a die cutting operation producing gaskets. With a focus on quality and customer service, over time, IPC evolved to become one of the first North American automotive suppliers to Honda in 1982 and then Toyota in 1986. Since then, IPC has expanded its product portfolio to include cargo and trunk systems, acoustic and water shield solutions and protective vehicle in-transit materials for several automotive OEMs manufacturing in North America. Learn more online at www.industryproductsco.com.
About VisTech Manufacturing Solutions
VisTech is a multi-tier, vertically-integrated noise, vibration, and harshness solutions provider to the North American automotive industry, providing technologically advanced, critical components for vehicles including stuffer pads, spare tire boards, dashboard insulators, wheel liners, trunk mats, and ethylene vinyl acetate barriers. Headquartered in California, the Company has six manufacturing plants strategically located near automotive production hubs and end customers. Learn more online at www.vistechmfg.com.