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easterncatalytic.com

Stage

Acquired | Acquired

About Eastern Catalytic

Eastern Catalytic are manufacturers and suppliers of catalytic converters to the aftermarket. The company manufactures catalytic converters, manifold converters, and converter components for the aftermarket and original equipment manufacturers in the United States, Canada, and Mexico.

Eastern Catalytic Headquarters Location

2201 Cabot Blvd. West

Langhorne, Pennsylvania, 19047,

United States

215-702-3600

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Latest Eastern Catalytic News

AP Exhaust buys Eastern Catalytic

Oct 5, 2015

Friends (56) October 4, 2015    1 Views    0 Comments AP Exhaust Technologies LLC, a portfolio company of Audax Group, said it completed the acquisition of Eastern Catalytic. Financial terms weren’t announced. Langhorne, Pennsylvania-based Eastern Catalytic supplies direct fit, universal, and manifold catalytic converters for the automotive light duty aftermarket. Madison Capital provided financing. PRESS RELEASE GOLDSBORO, N.C.–( BUSINESS WIRE )–AP Exhaust Technologies, LLC. (“AP”), a portfolio company of Audax Group (“Audax”), announced it has completed the acquisition of Eastern Catalytic (“Eastern”), headquartered in Langhorne, PA. Founded in 1927, AP is one of the leading manufacturers and suppliers of automotive, light truck, and heavy-duty full line exhaust and emissions products under the AP®, CATCO®, ANSA®, Cherry Bomb®, TruckEx®, Xlerator®, and Silverline® brands among others to the automotive and heavy-duty aftermarket. Through its Aristo division, AP is able to deliver unique technologies to the automotive and heavy duty aftermarkets through its captive catalyst manufacturing capability. Eastern, founded in 1979, is a leading supplier of direct fit, universal, and manifold catalytic converters for the automotive light duty aftermarket. Chris Ostrander, CEO of AP Exhaust, said “I am extremely excited to welcome the Eastern team to the AP family. The combined companies bring two complementary leadership teams that share a commitment to delivering innovation to the aftermarket and going above and beyond to provide best-in-class service and support to our customers. Uniting two great companies expands our brand offering, augments our research and development, accelerates our new product development, and enhances our on-line catalog capabilities – all of which will enrich our mutual customers’ buying experience by bringing products to market faster and providing them the most comprehensive full line offering in the market.” Young Lee, Managing Director of Audax Group, said “This acquisition adds another well-recognized brand into the AP portfolio, combining AP’s full line exhaust offering and expertise with Eastern’s product development capabilities, and it positions us as a leading exhaust and emissions supplier in the North American automotive and heavy duty aftermarket. We look forward to working with the AP and Eastern teams to continue building the AP platform through organic growth and strategic acquisitions.” Angle Advisors advised Eastern. Stradley Ronon Stevens & Young, LLP served as counsel to Eastern. Kirkland & Ellis LLP and Honigman Miller Schwartz and Cohn LLP served as counsel to AP and Audax Group. GSO Capital and Madison Capital provided financing for the transaction. ABOUT AUDAX GROUP Audax Group is an alternative asset management firm specializing in investments in middle market companies. With offices in Boston, New York and Menlo Park, Audax has over $6 billion in assets under management in its Private Equity, Mezzanine, and Senior Debt businesses. For more information visit the Audax Group website www.audaxgroup.com .  

  • Where is Eastern Catalytic's headquarters?

    Eastern Catalytic's headquarters is located at 2201 Cabot Blvd. West, Langhorne.

  • What is Eastern Catalytic's latest funding round?

    Eastern Catalytic's latest funding round is Acquired.

  • Who are the investors of Eastern Catalytic?

    Investors of Eastern Catalytic include AP Emissions Technologies.

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