Situation:

Raybestos, headquartered in Crawfordsville, Indiana, is one of the world’s largest manufacturers and distributors of transmission-related friction products, supplying OE-quality aftermarket products for automotive and heavy-duty use. The company also supplies OE bands, clutch plates, torque converter wafers and Clutch-Pack® modules for General Motors, Ford, Chrysler, Toyota, Mercedes, Honda, Mazda, Mitsubishi, Subaru, Nissan, Volkswagen, Volvo, and other transmission applications.

Ameridan’s Role:

A leading private equity group engaged Ameridan to conduct industry and customer diligence. The assignment focused on

• Assessing the company’s relationships with key OE and aftermarket customers;
• The size, structure, and key dynamics in the friction plate aftermarket;
• The company’s competitive position in rapidly changing end-use markets.