May 28, 2014
AGM Automotive Partners with Chicago Miniature Lighting Team
DALLAS, Texas, TROY, Michigan, and NOVI, Michigan – AGM Automotive, LLC (“AGM”) and Trive Capital (“Trive”), the Dallas‐based private equity firm, are proud to announce that a subsidiary of AGM has acquired substantially all of the assets of Chicago Miniature Lighting, LLC (“ChML” or the “Company”). Founded in 1910 and headquartered in Novi, Michigan, ChML is a leading global supplier of innovative LED lighting solutions to the automotive market.
Through the Company’s strategically located facilities in Novi and Costa Rica, ChML offers its customers full service capabilities, including design and engineering, manufacturing, assembly, sequencing, and supply and distribution in all major markets, including North America, Europe, Asia, and South America. ChML specializes in providing lighting systems, including overhead systems, light pipes, LED ambient lighting, and other lighting systems to original equipment manufacturers and Tier I suppliers worldwide.
AGM Chief Executive Officer and co‐founder Bob Blinstrub remarked, “AGM is aggressively developing its global manufacturing footprint and views this partnership as a testament to our global initiative. AGM is excited to leverage ChML’s established presence in North and Central America to enhance AGM’s ability to supply its customers worldwide.”
“AGM is excited to bolster its existing capabilities within interior ambient lighting systems. This is one of the fastest growing, technologically advanced segments in automotive with the quantity of interior LED lights increasing in each new model design. The ChML partnership demonstrates AGM’s commitment to further
enhancing its position as a technological leader in the space,” noted AGM Chief Technology Officer and co‐founder Bob Granata.
ChML, headquartered in Novi, Michigan, is a leading global supplier of innovative automotive LED lighting solutions, such as overhead systems, light pipes, ambient lighting, and other interior and exterior lighting systems. ChML provides design and engineering, manufacturing, assembly, sequencing, and supply and distribution services for customers worldwide from facilities located in the United States and Costa Rica.
AGM (www.agmautomotive.com), headquartered in Troy, Michigan, is a leading Global Supplier of premium interior components and systems, including interior lighting, overhead console systems, technical textiles, and other interior assemblies to the automotive marketplace. AGM provides manufacturing, value‐added assembly, warehousing, and in‐line vehicle sequencing from facilities located in the Americas and Asia.
About Trive Capital
Trive Capital (www.trivecapital.com) is a Dallas–based private equity firm focused on making private equity investments in companies based in the US and Canada. Trive is currently investing from a $300 million institutional fund raised in 2013. Trive utilizes proven operational best practices and identifies actionable opportunities that allow businesses, shareholders, and employees to realize their full long‐term