Founded in 1959 and headquartered in Windsor, Ontario, Valiant TMS Group of Companies (“Valiant TMS”) is a global provider of automated production systems and specialized tooling serving the automotive, aerospace and heavy industry sectors.
It provides a wide range of solutions for body-in-white welding and assembly systems, powertrain assembly systems, industrial parts washers and leak test machines, plastic injection and composite tooling, final vehicle assembly systems and various part handling and transport systems.
Valiant TMS has over 1,400 employees and operates 27 facilities in 15 countries.
This transaction represents an important step in the Company’s history by enabling the founding family to achieve a successful succession plan while supporting management’s development strategy and finalizing the transition in the governance structure from the founding shareholders to the management.
PricewaterhouseCoopers Corporate Finance (“PwCCF”) and BMO Mid-Market M&A acted as joint financial advisors to Valiant TMS in the sale to a Chinese Consortium with participation of Hubei Huachangda Intelligent Equipment Co., Ltd. (“HCD”) of Shanghai, China.
In addition to our role as financial advisor, PwC LLP also provided sell-side due diligence support and tax structuring services to Valiant TMS and its shareholders.
HCD is a leading provider of automation and tooling systems for the automotive and transportation sectors. HCD’s vision is to become a global leader in automation production systems and its acquisition of Valiant TMS is an important step in expanding its global footprint and capabilities.
“For over 57 years, Valiant TMS has been committed to delivering our customers optimal automation and tooling solutions globally. The resources of the Chinese consortium will assist Valiant TMS to serve our customers in new regions and realize opportunities in expanded sectors in an ever-changing global marketplace.” - Mr. Marty Solcz, Chairman, Solcz Group Inc.
To learn more about our Corporate Finance services and how PwC can help your organization, please contact: