Kevin VanDenBrouck, COO of HMS Products Co.
“Joe and the MSA team provided exceptional guidance throughout the transaction. Their strategic insight and dedication ensured we achieved an outcome that positions HMS for continued success while aligning with the right partner.”
Transaction Recap
HMS Products Co., headquartered in Troy, Michigan, will continue to build upon its 47-year legacy of excellence in delivering technologically advanced press automation solutions, including through-the-window and front-and-rear mounted transfer systems, blank destackers, and custom front- and end-of-line solutions.
AIDA-America, based in Dayton, Ohio, is the industry leader in mechanical and servo press technologies and integrated systems, serving industries such as automotive, appliance, and electronics.
The acquisition integrates HMS into the AIDA family, creating synergies that enhance their ability to deliver tailored, turn-key stamping press system solutions to North American customers. HMS will continue to operate from its Troy headquarters, retaining its 60-associate team under the leadership of newly appointed Chief Operating Officer, Kevin VanDenBrouck. This strategic partnership leverages AIDA’s global engineering and manufacturing capabilities with HMS’s automation expertise, driving innovation and value for their mutual customers.
“Joe and the MSA team provided exceptional guidance throughout the transaction. Their strategic insight and dedication ensured we achieved an outcome that positions HMS for continued success while aligning with the right partner,” said Kevin VanDenBrouck, COO of HMS Products Co.
“Our goal was to find a strategic buyer that could amplify HMS’s strengths while preserving its legacy of innovation and customer focus. AIDA’s shared commitment to quality and collaboration made them the ideal partner for this next chapter,” said Joe Alam, Managing Director of MSA.
Kland Aida, President of AIDA-America, commented: “Both companies are excited about the added value, as well as the additional expertise and collaboration opportunities this new alliance brings to our customers.”
"Selling a multi-generational family business is a daunting task. Joseph and Fadi at Mid-States Advisors have the connections and know how to help any family navigate to a very successful outcome," stated Nancy Negohosian, former owner and president of HMS Products Co.
Legal counsel for HMS was provided by Andrew Ayar of Clark Hill, who played a key role in facilitating the transaction.
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