Latest news with #ArchitectEquity
Business Wire
30-07-2025
- Business
- Business Wire
Architect Equity Closes Fund I at $285 Million
LOS ANGELES--(BUSINESS WIRE)--Architect Equity Management, LLC ('Architect Equity' or 'Architect'), a Los Angeles-based private equity firm investing in the lower middle market, today announced the close of its institutional fund, Architect Equity Fund I LP and Architect Equity Fund I-A LP (collectively, the 'Fund' or 'Fund I'), at $285 million inclusive of the GP commitment, against its $200 million target. Architect acquires businesses across North America facing operational, financial, and/or situational challenges. The firm focuses on companies across a variety of industries within the diversified industrials, business services, and consumer staples sectors, typically with revenues between $50 million and $750 million. In January 2025, Architect completed the Fund's first platform acquisition in Gibbs Die Casting, a leading manufacturer of aluminum die-cast components primarily for the automotive industry. Connaught (U.S.) LLC acted as placement agent and Kirkland & Ellis LLP acted as legal advisor to Architect Equity for the Fund. About Architect Equity Architect Equity is a private equity firm focused on acquiring, managing, and improving businesses based in North America and operating in the lower middle market. The firm pursues companies that exhibit the opportunity for improvement and growth and can benefit from Architect's capital base, industry relationships, and operational resources. Architect Equity is comprised of a team of investors and operators that have successfully acquired and managed companies across a range of industries, geographies, and market cycles. To learn more about Architect Equity, please visit
Associated Press
05-02-2025
- Automotive
- Associated Press
Architect Equity Announces Acquisition of Gibbs Die Casting Corporation
LOS ANGELES--(BUSINESS WIRE)--Feb 4, 2025-- Architect Equity ('Architect') a private equity group focused on the lower middle market, is pleased to announce the acquisition of Gibbs Die Casting Corporation ('Gibbs'), a leading manufacturer of precision die-casted, machined and assembled products for the automotive and industrial markets, from Koch Enterprises, Inc. Terms of the transaction were not disclosed. Founded in 1965, Gibbs has been a leading provider of aluminum parts and components for Tier One industrial and automotive OEM customers worldwide. Products include an array of driveline, powertrain, and transmission parts which serve internal combustion engines ('ICE') as well as electric vehicles ('EV'), hybrid and autonomous vehicles, and other heavy and light industrial machinery. Headquartered in Henderson, Kentucky, Gibbs has over 800 team members at its main manufacturing campus. Dionisio Lucchesi, Managing Partner of Architect Equity, said, 'Gibbs is an attractive opportunity for Architect to partner with a highly qualified management team that operates a business that provides mission critical parts and components to the automotive and industrial sectors. We are excited about building upon the existing core business as well as identifying opportunities for growth that require high quality engineering expertise and aluminum manufacturing capability.' As part of the transaction and go-forward operations, Architect will maintain Gibbs manufacturing operations in Henderson, Kentucky, and will retain the existing leadership team which includes Greg Risch as Chief Executive Officer, Jeff Moyer as Chief Commercial Officer, Harvey Dewan as Chief Operating Officer, and John Bush who has been promoted to Chief Financial Officer. 'Gibbs represents another great opportunity that fits well with Architect's investment thesis of acquiring an established business with strong production capabilities that can scale significantly, a long-tenured blue-chip customer base, and large addressable end markets to fuel future growth across ICE, EV, hybrid and other vehicle categories that require high performance aluminum parts and components,' added Eric Luoma, Managing Director at Architect Equity. 'The Gibbs team is excited for the partnership with Architect Equity,' says Greg Risch, CEO of Gibbs Die Casting. He adds, 'They are a very experienced team with a successful track record in investing and operating automotive and industrial-oriented businesses. Of upmost importance is that Gibbs will continue to be known as a leading, value-added partner to its customers and an important employer and contributor to the local community.' 'The leadership team of Gibbs has a significant amount of domain knowledge from operating in the industry over an extensive period of time, which is a real differentiator when you are a supplier of mission critical products that serve major automotive and industrial customers. Architect Equity looks forward to supporting Gibbs and the value it continues to provide its customers,' said Jack Hall, Managing Director of Portfolio Operations at Architect Equity. The acquisition of Gibbs marks the seventh platform acquisition by Architect. About Gibbs Die Casting Corporation Gibbs Die Casting Corporation ('Gibbs'), a leading manufacturer of precision die-casted, machined and assembled products for the automotive and industrial markets. Products include an array of driveline, powertrain, and transmission parts which serve internal combustion engine ('ICE') as well as electric vehicle ('EV'), hybrid and autonomous vehicles. Headquartered in Henderson, Kentucky, Gibbs employs over 800 people at its main manufacturing facility. To learn more about Gibbs, please visit About Koch Enterprises, Inc. Koch Enterprises, Inc. ('KEI') is a global, diversified, privately owned corporation that has been serving customers for 151 years from its headquarters in Evansville, Indiana. The company is listed in the Indianapolis Business Journal Top 10 Private Companies in Indiana. To learn more about KEI, please visit About Architect Equity Established in 2018 by Jay Yook and Dionisio Lucchesi, Architect Equity is a private equity fund focused on acquiring, managing, and improving businesses in the lower middle market. The firm pursues companies that exhibit the opportunity for improvement and growth and can benefit from Architect's capital base, industry relationships and operational resources. Architect Equity is comprised of a team of investors and operators who have over 100 years of combined experience in successfully acquiring and managing companies across a range of industries, geographies and market cycles. [email protected]. Copyright Business Wire 2025. PUB: 02/04/2025 07:36 PM/DISC: 02/04/2025 07:36 PM
