Automotive Pro Joins Falls River
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Automotive Pro Joins Falls River

Falls River Group has added Tribby Warfield to its team as a new strategic advisor.

Prior to joining Falls River, Ms. Warfield held executive positions in both private equity and publicly traded companies in the automotive aftermarket and industrial sectors.

In her new position with Falls River, Ms. Warfield will be active with both business development and advising the firm’s clients on operating performance improvement and maximizing enterprise values.

Most recently, Ms. Warfield was the chairman and CEO of APC Automotive Technologies, a Colorado-headquartered supplier of automotive, light truck, and heavy-duty replacement parts.

APC was formed in 2017 by Harvest Partners and Audax Private Equity to combine AP Emissions Technologies and Centric Parts. In July 2020, APC completed a restructuring of its debt, under a Chapter 11 plan of reorganization, in agreement with its lenders and equity holders. In September 2020, APC sold its AP Emissions business unit to APACE Holding Company, formed by Vange Proimos, a past owner and CEO of AP Emissions. In December 2020, First Brands Group, a Michigan-headquartered automotive aftermarket parts supplier, acquired CentricParts.

Ms. Warfield joined APC in 2019 and led the company through its financial restructuring and the sale of the business to APACE and First Brands. From 2016 to 2019, she was the Senior Vice President of Business Development and Strategy for Nitta Corp., a maker of industrial belting, hoses, tubing and wiper products; and she was a Senior Vice President and General Manager of industrial products distributors Kaman Fluid Power and Kaman Automation.

From 1998 to 2013, she was a senior executive at Gates Corporation (NYSE: GTES) and from 2009 to 2013 led the company’s North America Commercial and Power Transmission divisions. In 2014, Blackstone acquired Gates Corporation from Onex Corp. and Canada Pension Plan Investment Board for $5.4 billion. Blackstone completed an initial public offering for Gates in 2018.

Ms. Warfield graduated with a BA in Business Administration from National University in San Diego and she has dual citizenship in the United States and the United Kingdom.

Falls River is a mergers and acquisitions advisory firm based in Naples, Florida. The firm’s sell-side clients typically have enterprise values from $25 million to $500 million and include strategic acquirers, family offices, and private equity sponsors.

© 2021 Private Equity Professional | January 29, 2021

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