Accuride Corp. (NYSE: ACW), backed by Crestview Partners, has agreed to purchase automobile parts manufacturer KIC LLC. Financial terms of the deal were not disclosed.

KIC supplies wheel-related parts for the North American commercial vehicle industry. The target's products are used for medium and heavy-duty trucks and trailers. Brake drums, rotors, hub and drum assemblies, steel wheels and aluminum wheels are among KIC’s portfolio of products. The Vancouver, Washington-based target supplies both original equipment manufacturers and aftermarket distributors from its nine distribution centers based in the U.S., Canada and Mexico.

Accuride, based in Evansville, Indiana, is also an auto-parts supplier. The buyer manufactures commercial wheels and related parts for cars and trucks under the Accuride, Accuride Wheel End Solutions, Gunite and Giantetti Ruote brands. Some of the company’s well-known clients consist of: General Motors Co. (NYSE: GM), Daimler Truck North America and Volvo Truck Corp. Earlier in 2016, Accuride sold its iron castings division, Brillion Iron Works, to Metaldyne Performance Group Inc. (NYSE: MPG) for $14 million.

Crestview is a New York-based private equity firm that manages funds with more than $7 billion in commitments. The firm focuses on the media, energy, financial services and industrials sectors. In September 2016, Crestview purchased Accuride for nearly $124 million as a growth platform company. The PE firm has also backed broadband provider Wow.

The manufacturing industry is ripe for M&A and is continuing to rise, mainly due to advancements in process automation, aerospace and the auto industry. These innovations are of interest to dealmakers as they look to purchase manufacturing companies that will be of interest to the largest transportation companies or private equity firms in the future. Other deals involving auto parts and supplies include: Highlander Partners LP’s buying a controlling stake in Hi-Tech Industries Inc., a maker of car care products and accessories; Monroe Truck Equipment Inc.’s purchase of equipment maker Towmaster Inc.; W.W. Williams Co. LLC’s buying of parts provider Auto Safety House LLC; Tesla Motors Inc.’s acquisition of SolarCity Corp. in a $2 billion transaction; Illinois Tool Works Inc.’s (NYSE: ITW) completed the transaction for ZF Friedrichshafen AG’s engineered fasteners and components business; Grakon LLC’s adding lighting and electronics manufacturer Hamsar Diversco Inc.; Rev Group’s (NYSE: REVG) deal for Midwest Automotive Designs; and Watermill Group’s purchase of metal parts maker Experi-Metal Inc.