Sell Side Advisor

Duff & Phelps Advised UGN, Inc. on the Sale of its Automotive Acoustic Solutions Business to Angeles Equity Partners, LLC

UGN, Inc. (“UGN”) sold its automotive acoustic solutions business based in Chicago Heights, Illinois to Angeles Equity Partners, LLC. The business will operate under the name Applied Acoustics International™ (“AAI”).

Duff & Phelps served as exclusive financial advisor to UGN and provided M&A advisory services in connection with the sale transaction.

About Applied Acoustics International

AAI is a Tier 1 supplier of noise, vibration and harshness (“NVH”) solutions to the North American automotive industry. Based in Chicago Heights, Illinois, AAI occupies a leading market position within the NVH industry, specializing in damper and EVA barrier materials. The business has produced products in Chicago Heights, Illinois since 1986 and employs over 200 people.

Substantially all of the employees who worked for the business prior to the transaction, including key members of the sales, engineering, operations and finance functions from UGN are joining AAI.

About UGN, Inc.

Founded in 1986 as a joint venture between Autoneum Holding AG and Nihon Tokushu Toryo (Nittoku), UGN is a producer of high-quality acoustic, interior trim and thermal management products for the Japanese transplant automotive industry in North America. UGN is headquartered in Tinley Park, Illinois and employs more than 1,650 team members across seven locations in the United States and Mexico.

About Angeles Equity Partners, LLC

Angeles Equity Partners is a private equity firm that invests in companies across a wide range of industrial sectors and specifically targets businesses which it believes can directly benefit from the firm’s deep expertise in operational transformation and strategic repositioning.  Angeles Equity Partners is headquartered in Los Angeles, California.


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