Skip to content
  • About Us
    • Careers
  • Services
    • Buy Side Advisory
    • Capital Raising
    • Sell Side Advisory
    • Transaction Planning & Readiness Review
  • Industry Expertise
    • Business Services & Technology
    • Consumer, Food & Retail
    • Healthcare
    • Industrials
    • Plastics & Packaging
  • Transactions
  • Team
  • News & Insights
    • Events
    • Industry Updates
    • News
    • Perspectives
Menu
  • About Us
    • Careers
  • Services
    • Buy Side Advisory
    • Capital Raising
    • Sell Side Advisory
    • Transaction Planning & Readiness Review
  • Industry Expertise
    • Business Services & Technology
    • Consumer, Food & Retail
    • Healthcare
    • Industrials
    • Plastics & Packaging
  • Transactions
  • Team
  • News & Insights
    • Events
    • Industry Updates
    • News
    • Perspectives
Contact

Transactions

  • Back to Transactions

PMCF advises Thule Group AB in its sale transaction of United Welding Services, Inc. to CURT Group

  • June 26, 2017
  • Transactions
  • Industrials

a business unit of

has been acquired by

a portfolio company of

P&M Corporate Finance, LLC (“PMCF”) is pleased to announce that it served as the exclusive financial advisor to Thule Group AB (SE:THULE) (“Thule”) in its sale of United Welding Services, Inc. (“UWS”) to CURT Group, a leading marketing, engineering, manufacturing, and distribution company of towing products and truck accessories, and a portfolio company of Audax Private Equity.

Based in Perry, Florida, UWS is a premiere American manufacturer of aftermarket truck accessories and storage solutions for professionals and truck enthusiasts. The Company’s product offering includes crossover toolboxes, utility chests, side mounted boxes and liquid transfer tanks, among others. Its widely recognized brand name is known for its strength, reliability, and innovative products. Its blue chip customer base includes leading retailers, distributors, installers/dealers, and automotive OEMs.

The divestment gives Thule Group management the opportunity to focus on driving growth in its core business within its Outdoor & Bags business segment, and reaffirms CURT’s strategy in the aftermarket truck accessory space.

Lennart Mauritzson, CFO of Thule, remarked, “We are enthusiastic that UWS found a new home with CURT Group. CURT is a recognized leader in aftermarket truck and towing accessories, and the UWS products and customer base will enhance CURT’s position in this segment.” Mr. Mauritzson added, “The UWS team, as part of CURT Group, will provide world-class products and services to its customers through CURT’s expanded distribution network, and position the entity for future growth.”

PMCF was hired to serve as Thule Group’s investment banker and lead the sale process. Mr. Mauritzson noted, “We are very pleased with our choice to have PMCF lead the transaction process. Their expertise and significant involvement in every step of the transaction was critical to reaching a successful outcome. They were invaluable in helping us navigate the transaction and have earned our best recommendation.”

The transaction closed on June 16, 2017.

Prev
Next

Stay Informed

Subscribe to our newsletter for the latest industry updates

Subscribe

Latest Transactions

PMCF Advises Progress Container & Display on its Sale to The Royal Group (TRG), a subsidiary of Schwarz Partners
PMCF Advises Enviroplas on its Merger with Aurora Plastics, a Portfolio Company of Nautic Partners
PMCF Advises Kentwood Packaging Corporation (KPC) on its Sale to Hood Container Corporation
PMCF Advises Instrumart In Its Sale to Flow Control Group, a KKR Portfolio Company
PMCF Advises Fairbanks Morse Defense In Its Acquisition of Research Tool & Die
Contact

Follow Us On

Cfi Logo White 94x94 On About

Home

  • About
  • Team
  • Careers

Services

  • Buy Side Advisory
  • Capital Raising
  • Sell Side Advisory
  • Transaction Planning & Readiness Review

Industry Expertise

  • Business Services & Technology
  • Consumer, Food & Retail
  • Healthcare
  • Industrials
  • Plastics & Packaging

News & Insights

  • Transactions
  • News
  • Industry Updates
  • Perspectives
  • Events

PMCF is a trade name for PMCF Advisors, LLC and P&M Corporate Finance, LLC. The term “PMCF” refers to one or more of these legally separate and independent advisory practices. P&M Corporate Finance, LLC provides capital raising and private placement services that require registration as a broker-dealer.

©2022 PMCF

  • Member SIPC​
  • Member FINRA
  • FINRA Broker Check
  • Business Continuity Plan​
  • Disclaimer​
  • Privacy Policy​