Defiance Stamping
Industry
Defiance Stamping
Location
Defiance OH
Company Overview:
Defiance was founded in the 1927 as a manufacturer of metal fastening parts, created through a stamping process with equipment up to 4000 tons. The Company is best known for specialty fasteners, but the ability to provide heavy gage stampings has expanded the scope of their engineered products to include specialty brackets, weldments, and chassis components. The Company is a leading producer of metal locking sets used to secure wheels on long haul trucks and trailers.
Investment Status:
Realized. Sold to Gladstone Capital in 2010
Transaction Date:
2005 Recapitalization
Transaction Overview:
We partnered with manufacturing experts to buy out the lead shareholder of this company. Focus was on implementing Lean Manufacturing processes to improve efficiency and profitability and to round out the management team for organic growth and acquisitions.