White Wolf Capital successfully completes the consolidation of Technicut Tool into Consolidated Machine & Tool Holdings.
Deal Announcement
October 23, 2020 – Consolidated Machine & Tool Holdings (“CMTH”), and Canadian-based Technicut Tool (“Technicut”), both portfolio companies of White Wolf Capital (“White Wolf”) are pleased to announce the successful consolidation of Technicut into CMTH. This combination will be strategically and tactically beneficial to both companies and will accelerate their growth initiatives. For CMTH, Technicut opens the door to the Canadian aerospace & defense markets, brings leading blue-chip customers, and expands CMTH’s manufacturing with complex 5-axis machining and EDM machining capabilities. The combination benefits Technicut by providing access to the U.S. market, significantly expanding their future growth opportunities. Details of the transaction were not disclosed.
About CMTH
CMTH, started by White Wolf Capital, LLC in early 2017, is a platform holding company comprised of industry leading manufacturers specializing in precision machining, fabrication, assembly, and design of highly engineered components. CMTH locations are AS9100, ISO:9001, and ITAR certified. CMTH has a seasoned management team with experience serving various blue chip customers across multiple industries. For further information, please visit: cmth.com
About Technicut
Technicut is a manufacturer of high-precision, machined metal components, serving the primarily the energy and aerospace & defense industries globally. Technicut is located in Windsor, Canada. In May 2015, Technicut was recapitalized by White Wolf to support the continued growth and expansion of the business. For further information, please visit: technicuttool.com
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 private equity and private credit 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: whitewolfcapital.com
CMT Actively Seeking Acquisitions
CMTH 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
Certified by: AS9100, ISO:9001, and/or ITAR
Tier-1 or Tier-2 supplier status
Please contact us to discuss potential acquisition candidates.