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

Mike Putz

President

Mike joined Peterson in 2020, after having most recently served as Alco’s President & CFO. Prior to joining Alco, Mike spent eight years at MPI Products, including four years as Chief Financial Officer and four years as Chief Operating Officer. Mike holds a B.A. in Accounting and an M.B.A. from Wayne State University.

 

 

 

Jay Brown

CFO

 

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

Self Employed

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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