Tower International Overview
- Year Founded
-
1993

- Status
-
Acquired/Merged
- Employees
-
5,700

- Latest Deal Type
-
Buyout/LBO
- Financing Rounds
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19
- Investments
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7
Tower International General Information
Description
Tower International Inc is a manufacturer of structural metal components and assemblies used in the automotive industry. The company offers body-structure stampings, frame and other chassis structures, complex welded assemblies, and suspension components for small and large cars, crossovers, pickups, and sport utility vehicles. Tower International supplies its products directly to original equipment manufacturers.
Contact Information
Website
www.towerinternational.comCorporate Office
- 17672 North Laurel Park Drive
- Suite 400 East
- Livonia, MI 48152
- United States
Corporate Office
- 17672 North Laurel Park Drive
- Suite 400 East
- Livonia, MI 48152
- United States
Tower International Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Tower International Comparisons
Industry
Financing
Details
Tower International Competitors (24)
One of Tower International’s 24 competitors is Worthington Enterprises, a Formerly PE-Backed company based in Columbus, OH.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Worthington Enterprises | Formerly PE-Backed | Columbus, OH | ||||
Metalurgica Gerdau | Corporation | Pinheiros, Brazil | ||||
ZF Friedrichshafen | Private Debt Financed | Friedrichshafen, Germany | ||||
VDM Metals | Formerly PE-Backed | Werdohl, Germany | ||||
Cooper Standard | Private Equity-Backed | Northville, MI |
Tower International Patents
Tower International Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20020170766-A1 | Vehicle frame cross-member construction | Inactive | 21-May-2001 | ||
US-20020100158-A1 | Method and system for efficient assembly of automotive components | Inactive | 26-Jan-2001 | ||
US-20020063145-A1 | Reinforced hydroform tube | Inactive | 29-Nov-2000 | ||
US-6619533-B1 | Multi-piece extruded link arm | Inactive | 22-Sep-2000 | ||
AU-2065401-A | Control arm for use in vehicle suspension system | Inactive | 07-Dec-1999 | B60G3/28 |
Tower International Signals
Tower International Former Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
Tower International Investments & Acquisitions (7)
Tower International’s most recent deal was a Merger/Acquisition with Herrajes y Acabados Metálicos for . The deal was made on 24-Jul-2015.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Herrajes y Acabados Metálicos | 24-Jul-2015 | Merger/Acquisition | Industrial Supplies and Parts | ||
W Industries (Michigan) | 11-Apr-2011 | Merger/Acquisition | Other Commercial Services | ||
Seojin Industrial | 24-Feb-2004 | Corporate | Road | ||
Seojin Industrial | 31-Oct-2000 | Debt Conversion | Road | ||
Seojin Industrial | 29-Oct-1999 | Corporate | Road |
Tower International Exits (4)
Tower International’s most recent exit was on 24-Feb-2004 from Seojin Industrial. The exit was categorized as .
Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
---|---|---|---|---|---|
Seojin Industrial | 24-Feb-2004 | Completed |
|
||
Seojin Industrial | 31-Oct-2000 | Completed |
|
||
Seojin Industrial | 29-Oct-1999 | Completed |
|
||
Metalsa | 09-Oct-1997 | Corporate | Completed |
Affiliates
Subsidiaries (2)
Name | Industry | Location | Year Founded |
---|---|---|---|
Tower International Pension Plan | New Boston, MI | 1997 | |
Herrajes y Acabados Metálicos | Mexico City, Mexico | 1960 |
Tower International FAQs
-
When was Tower International founded?
Tower International was founded in 1993.
-
Where is Tower International headquartered?
Tower International is headquartered in Livonia, MI.
-
What is the size of Tower International?
Tower International has 5,700 total employees.
-
What industry is Tower International in?
Tower International’s primary industry is Industrial Supplies and Parts.
-
Is Tower International a private or public company?
Tower International is a Private company.
-
What is the current valuation of Tower International?
The current valuation of Tower International is
. -
What is Tower International’s current revenue?
The current revenue for Tower International is
. -
How much funding has Tower International raised over time?
Tower International has raised $2B.
-
Who are Tower International’s investors?
Cerberus Capital Management, Credit Suisse, Dean Capital Management, First Heartland Consultants, and Onex (Private Equity) have invested in Tower International.
-
Who are Tower International’s competitors?
Worthington Enterprises, Metalurgica Gerdau, ZF Friedrichshafen, VDM Metals, and Cooper Standard are some of the 24 competitors of Tower International.
-
When was Tower International acquired?
Tower International was acquired on 30-Sep-2019.
-
Who acquired Tower International?
Tower International was acquired by Autokiniton Global Group.
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