Consolidated Machine & Tool Holdings Acquires Waiteco Machine and Specialty CNC
August 14, 2020
Consolidated Machine & Tool Holdings (CMT), a platform company backed by White Wolf Capital, acquired Waiteco Machine (Devens, MA) and Specialty CNC (Bloomington, IN) as add-on acquisitions to expand manufacturing capacity and capabilities. Both transactions closed on August 14, 2020; financial terms were not disclosed and each target will operate within the CMT platform to support growth and employee benefits.
- Buyers
- Consolidated Machine & Tool Holdings (CMT), White Wolf Capital
- Targets
- Waiteco Machine, Inc., Specialty CNC, Inc.
- Sellers
- William Waite, Paulette Barros, Roger Shoufler, Mike Baker
- Platforms
- Consolidated Machine & Tool Holdings (CMT)
- Industry
- Manufacturing
- Location
- United States
- Transaction Type
- Addon
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