Deal Announcement
January 15, 2020 – Consolidated Machine & Tool Holdings, LLC (“CMT”), a portfolio company of White Wolf Capital, LLC (“White Wolf”), is pleased to announce the acquisition of Murphy Machine Products, Inc (“MMP”). In conjunction with this acquisition, CMT was recapitalized to better position it for additional acquisitions and continued growth. Details of the transactions were not disclosed.
Elie Azar, Managing Director of White Wolf, noted “We are excited to partner with the management teams of MMP. This transaction will provide all CMT companies with access to additional capital and resources to support further growth and better serve our valued customers”.
About CMT
CMT is a platform holding company formed in 2017 by White Wolf Capital, LLC to acquire industry leading manufacturers specializing in precision machining, fabrication, assembly, and design of highly engineered components.
In June 2017, CMTH acquired Anaheim-based Astro-Tek Industries, Inc. a precision machining company focused on the aerospace, defense, space/satellite and industrial sectors.
In February 2018, CMT acquired LCP Machine, Inc. located in Bunnell, Florida. LCP is focused on a number of industries including aerospace, defense and industrial sectors.
CMT companies are AS9100, ISO9001 and ITAR certified/registered. CMT has a seasoned management team across all locations with significant experience serving various blue chip customers across multiple industries. For further information, please visit: www.cmth.com.
About MMP
MMP, established in 1965, provides high-quality and cost-effective turning, milling, boring, Swiss machining, and light assembly services to a wide range of industries. MMP specializes in long-term, high run parts, with a particular expertise in Swiss turning. MMP is ISO 9001, AS9100C and ITAR certified. MMP is located in Wood Dale, IL.
About White Wolf
White Wolf is a private investment firm that began operations in late 2011 and is focused on management buyouts, recapitalizations and investments in leading middle market companies. In general, White Wolf seeks both mezzanine and private equity investment opportunities in companies that are headquartered in North America with $10 million to $100 million in revenues and up to $10 million in EBITDA. Preferred industries include: manufacturing, business services, information technology, security, aerospace and defense. For further information, please visit: www.whitewolfcapital.com.
CMT Actively Seeking Acquisitions
CMT is actively seeking add-on acquisition opportunities that meet the following criteria:
Revenue of $5 million to $50 million.
Specializing in contract precision machining, fabrication, assembly, and design of highly engineered components.
Serving the aerospace, defense, medical, heavy industrial, power, agricultural as well as other end markets.
Please contact us to discuss potential acquisition candidates.
