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VARIANT CAPITAL ADVISORS
Birmingham. Michigan — Variant Capital Advisors LLC ("Variant Capital') is pleased to announce the sale of certain assets and operations of Caparo Vehicle Components. Inc. and Caparo Vehicle Components de Mexico. S. de R.L. de C.V. (collectively "Caparo" or the "Company') to Advanced Assembly Products, Inc. ("AAP'). Variant Capital served as exclusive investment banker to the Company in connection with this transaction.
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Vaunt' Capital Advisors LLC acted as invcsimun banker to Como Vchkk Compounts, Inc. III RID transaction.
Caparo Vehicle Components. Inc. and Caparo Vehicle Components de Mexico. S. de R.L. de C.V., produce metal stampings. welded assemblies and e-coated components for OEMs and major Tier One suppliers. The operations have evolved from a supplier of body-in-white and chassis components to a recognized supplier of safety-critical components for the occupant safety market. The Company specializes in high-tolerance. complex moving parts which can be found across a variety of safety related sub systems (e.g. air bags. seat belts and anti-lock brakes). For more information. please visit ( www.caparo.com).
Advanced Assembly Products, Inc., a certified Minority Business Enterprise based in Hazel Park.
.-CAPITAL RAISFIC • MERGERSR ACOUISMONS -FINANCIAL RESTRUCTURINGS RECAPITALIZATIONS - VALUATIONS - MUM SPONSOR ADVISORY SERVICES
For additional information. or it you have a specific situation you would like to discuss, please contact:
[DETROIT ] Tom Gordy Senior Managing Director TGordy@Variant-Capitalcom 248 433 3694
[ ] Michael Fixler Managing Director MFixhar@Variant-Capitalcom 312 220 0135


Michigan. is a world class manufacturer and assembler of highly engineered metallic components for OE. Tier One and Tier Two suppliers in the automotive industry. The Company's product line includes, but is not limited to: metal stampings. weldments. and automotive closure sub-systems (i e door strikers, sliding door brackets. and !Agate. hood. & door hinges). In addition to metal forming, the Company also provides installation-ready assemblies and components. For more information. please visit (Anwe.aapincoro.com).
Variant Capital specializes in providing investment banking services to middle market companies. As a trusted financial advisor. Variant Capital provides creative solutions for its clients, encompassing a broad range of services, including:
Mergers and Acquisitions Advisory Capital Raising Financial Restructurings (with existing and new providers of capital) Recapitaltations Valuations General Corporate Finance Advisory