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ACT Test Panels
At the time of its exit from Riverside, ACT Test Panels was the largest manufacturer of automotive paint-test panels in North America and an independent provider of automotive paint testing and certification services to paint manufacturers and automotive component makers.
Exit Summary: 1.5x gross cash-on-cash; 5% gross IRR
- Acquired:
- January 1997
- Exited:
- August 2007
- Industry:
-
,
- Region:
- North America
- Location:
- Hillsdale, Michigan
- Fund:
- Riverside Capital Appreciation Fund
(
95
)
- Add-on Acquisitions:
-
Automotive Testing Technology, Inc. of Wixom, Michigan (December 1999)
- Website:
- http://www.acttestpanels.com/