Transaction Type

Industry Sector
Industrials
IRVINE, California – KCM Securities, LLC, d/b/a Keystone Capital Markets, is pleased to announce that its client Brake Supply Company, Inc. (“Brake Supply”) a subsidiary of Koch Enterprises, Inc. has been acquired by HE-Parts International (“HEPI”), a subsidiary of Hitachi Construction Machinery Co., Ltd. Keystone served as the investment banking advisor to Brake Supply.
Brake Supply is one of the largest independent suppliers of aftermarket mining equipment parts in North America with expertise in rebuilding heavy-duty off-road powertrain components and hydraulic cylinders. The parts are used in mining environments consisting of coal, gold, copper, and iron ore. Brake Supply operates two rebuild centers in Evansville, Indiana with additional rebuild centers located in close proximity to mine sites in Casper, Wyoming; Beckley, West Virginia; and Princeton, West Virginia. The company also operates distribution centers in Paducah, Kentucky; Elko, Nevada; Alvarado, Texas; and Edmonton, Alberta, Canada. Brake Supply’s headquarters and main operations are in Evansville, Indiana. The Evansville facility is the largest rebuild center in the world, outside of the OEMs. To learn more about Brake Supply and its services, visit https://www.brake.com.
HEPI provides aftermarket parts, components, and solutions for the mining industry. With operations in North America, LATAM, Africa, and Australia, HEPI offers expertise in engineering, manufacturing, and aftermarket support. From mobile mining solutions to fixed plant crushing and used equipment, HEPI delivers solutions that help customers optimize their operations and lower costs. HEPI is a subsidiary of Hitachi Construction Machinery (HCM). To learn more about HEPI and its services, visit https://www.h-eparts.com.
John Hennessey, Managing Director at Keystone Capital Markets, led the team advising Brake Supply on the transaction.