Ripplewood names MSX head industrial partner

The New York- and Tokyo-based private equity firm has appointed Thomas Stallkamp, the former chairman and CEO of engineering services corporation MSX, will assist Ripplewood in overseeing its growing automotive supply platform.

Thomas Stallkamp, the former chairman and chief executive officer of MSX and a former DaimlerChrysler president, has been named industrial partner at Ripplewood Holdings.

Stallkamp will serve on the board of Honsel International Technologies, a light-metal automotive products maker based in New York and Meschede, Germany. The company was recently purchased by Ripplewood from The Carlyle Group for an undisclosed amount.

Honsel will be added to Ripplewood’s global metal casting automotive supplier platform, which includes a majority stake in Japan’s Asahi Tec.

Another Ripplewood industrial partner, former General Motors Europe president Richard Donnelly, has been named chairman of Honsel.

Ripplewood was founded in 1995 by Timothy Collins. The firm now manages some $4 billion in capital commitments.

Ripplewood Holdings and MidOcean Partners recently announced plans to collaborate on new private equity investments in the US and Europe.