Industry
Industrials
Target Company
Lordstown Motors Corporation
Buyer/Investor
DiamondPeak Holdings Corporation

Client Description

Lordstown Motors is an Ohio-based OEM that designs and manufactures all-electric, light duty fleet vehicles. In November 2019, the company acquired the Lordstown Complex, formerly a General Motors Corporation (GM) factory. Lordstown Motors will use the site to build the Endurance™, its flagship product believed to be the industry’s first fully-electric full-size pickup truck designed specifically to serve the commercial fleet market.