Peterson American Corporation

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Investment Date:
April 2019
Exit Date:
Current
Fund:
Fund I
Sector:
Spring Manufacturing, Wire Forming
Headquarters:
Southfield, MI
Footprint:
12 facilities across the US, Canada, Mexico and the UK
Revenue:
~$135 million
End Markets:
Industrial, Racing, Automotive Aftermarket, Truck & Trailer, Automotive OEM

Peterson American Corporation is a designer and manufacturer of highly engineered springs, wire forms, retaining rings, clamps, stampings, and a variety of related sub-assemblies. The Company serves a diverse set of end markets that span automotive OEM, industrial, motorsport/racing, truck & trailer, heavy equipment, and consumer products.

Peterson Company Management

Phil Johnson

Interim CEO

 

Tim Maserant

CFO

Tim joined Peterson in 1994 as the Company’s CFO. Prior to joining Peterson, Tim spent 10 years at Ernst & Young. Tim holds a B.A. in Business Administration and Accounting from Clearly University and an M.S. in Corporate Finance from Walsh College.

Independent Board Members

Barry Green

Partner at HunterPoint Management Consultants

Barry Green is a turnaround specialist, implementing change in companies undergoing or requiring transformation, and has served on a number of boards in both executive and independent roles.  Barry is a UK Chartered Accountant, holds an MBA from The Wharton School, and a BA in economics from Manchester University in the UK.

John Miller

 

John spent 30+ years in senior procurement and operations roles at Honda, Motorola, Nissan and Whirlpool, most recently as SVP Global Sourcing for Whirlpool.

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