The Harding Group retained Shields & Company to assist the company in targeting potential strategic acquisitions. The process resulted in the company purchasing the Industrial Fasteners Division of TRW, Inc., one of the world's largest automotive suppliers. The Harding Group renamed the non-core division American Engineered Components, developing it into a leading designer and manufacturer of complex, custom designed stamped metal components.
Shields & Company acted as a financial advisor to American Engineered Components, Inc. in the above transaction.