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Clearwater advises AH Metal solutions on its sale to Associated Spring backed by One Equity Partners

Referenssi

AH Metal solutions on its sale to Associated Spring backed by One Equity Partners

Sell-side

Undisclosed

Rooli

Adviser to AH Metal Solutions on its sale to Associated Spring backed by One Equity Partners

Sektorit

Teollisuus

Alue

Tanska

We have advised AH Metal Solutions (AH), a manufacturer of customised high-precision metal components, on the sale to US-based Associated Spring, owned by the private equity firm One Equity Partners.

Founded in 1975, AH specialises in the development and production of micrometal components using various production methods, including precision stamping and deep drawing. AH works closely with several international customers in high-growth sectors such as the medical and automotive industries, supplying components for ECG devices and electric vehicles.

Associated Spring, originally from Connecticut, US, is a global player in custom-manufactured components and was acquired by One Equity Partners in early 2024. Today, Associated Spring employs over 800 people and operates six different production facilities across North and South America, Europe, and Asia.

Through this new partnership, AH will help strengthen Associated Spring's presence in Europe. In turn, Associated Spring will support AH’s continued growth and development into both existing and potential new markets.

Metal components design

I am confident that we have found the right partner in Associated Spring, who has a genuine wish to invest in us and everything we do, rather than just taking part in the profits. It quickly became clear to us when the Clearwater team introduced them, that they had a plan. When I started thinking about a sale and reached out to my network, the talk of the town was that ‘Clearwater is known for its happy buyers and happy sellers.’ I can now fully endorse that. Selling your company can be an overwhelming experience, especially if you have not gone through it before, but I can look back at a process where we were guided timely and with a firm, yet thoughtful hand all the way through to a successful sale.

Jesper Høvelskov, CEO and Co-owner, AH Metal Solutions

AH Metal Solutions is an example of a business that, with its unique niche competencies, has built a loyal client portfolio in attractive growth industries such as life sciences and automotive, doubling its size within the last three years. Through its partnership with Associated Spring, AH can strengthen its organisation and international market position while Associated Spring furthers its ambition to expand its presence in Europe. We look forward to following this strong partnership in the future.

Stig Windeløv, Associate Partner, Clearwater

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