PTC Alliance Acquires Metal-Matic

December 29, 2021

PTC Alliance LLC, a portfolio company of Black Diamond Capital Management, has acquired Metal‑Matic, Inc., a manufacturer of welded and drawn over mandrel (DOM) carbon steel tubing. The deal, which closed December 29, 2021, adds Metal‑Matic’s four production facilities and more than 500 employees across Minnesota, Illinois and Ohio to PTC Alliance’s operations.

Buyers
PTC Alliance LLC, Black Diamond Capital Management LLC
Targets
Metal‑Matic, Inc.
Sellers
Metal‑Matic's third‑generation family owners (unnamed)
Industry
Manufacturing
Location
United States
Transaction Type
Addon

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