LFM Capital-backed Weller Metalworks Acquires DROP Sprockets
September 26, 2024
LFM Capital-backed Weller Metalworks has acquired DROP Sprockets, a Nelson, British Columbia-based manufacturer of made-to-order sprockets. AEA Private Debt acted as sole mezzanine lender and provided an equity co-investment to support the transaction. The deal is Weller's third add-on acquisition and expands the platform's manufacturing capabilities and product offering.
- Buyers
- Weller Metalworks, LFM Capital, AEA Private Debt (AEA Investors)
- Targets
- DROP Sprockets, Inc.
- Platforms
- Weller Metalworks
- Industry
- Manufacturing
- Location
- British Columbia, Canada
- Transaction Type
- Addon
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