Consolidated Machine & Tool Holdings Acquires Delva Tool & Machine Corporation

Manitowoc Tool & Machining Acquires Mid Valley Industries

February 8, 2024

Manufacturing

Manitowoc Tool & Machining (a portfolio company backed by Summit Equity Group, Midwest Growth Partners and NewSpring Mezzanine) completed the acquisition of Mid Valley Industries, a Kaukauna, Wisconsin-based precision contract manufacturer, on January 17, 2024. The deal is an add-on to MTM's platform and is intended to expand MTM's large turning and milling capabilities and broaden its end-market exposure to heavy equipment, aerospace/defense and energy customers.

DRT Holdings Acquires Custom Machining Corporation

September 11, 2023

Manufacturing

DRT Holdings, LLC (DRT), a portfolio company of Mill Rock Capital, has acquired Custom Machining Corporation (CMC), a Denver-based maker of high-speed, high-precision liner systems and parts for the metal packaging industry. The founders, Terri and Allan Ross, will step back following the transaction; CMC will join DRT's Metal Packaging Systems (DRT MPS) segment to broaden product capabilities, aftermarket parts and geographic reach. Terms were not disclosed.

Manitowoc Tool & Machining Acquires G&V Machine Company

May 3, 2023

Manufacturing

Manitowoc Tool & Machining, a portfolio company of Midwest Growth Partners, completed the acquisition of G&V Machine Company on May 3, 2023. G&V, an ISO 9001:2015 certified production CNC machining firm based in Ixonia, Wisconsin, supplies complex parts to construction, agriculture, on‑highway trucking, forestry, mining and other OEM industries; the deal expands MTM's capacity, capabilities and end-market reach.

Midwest Growth Partners and Summit Equity Group Acquire Manitowoc Tool & Machining

December 15, 2022

Manufacturing

Midwest Growth Partners and Summit Equity Group, with mezzanine financing from NewSpring Mezzanine and a management rollover, completed an acquisition of Manitowoc Tool & Machining (MTM). The transaction positions MTM — a precision, production-oriented contract manufacturer serving OEM customers across agriculture, HVAC, aerospace & defense, medical and logistics/e-commerce — for continued growth and expanded capabilities under sponsor ownership.

Consolidated Machine & Tool Holdings Acquires Waiteco Machine and Specialty CNC

August 14, 2020

Manufacturing

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.

Consolidated Machine & Tool Holdings Acquires RLS Machining, Mill Creek Machining and Murphy Machine Products

January 15, 2020

Manufacturing

Consolidated Machine & Tool Holdings, a platform company backed by White Wolf Capital, acquired RLS Machining, Mill Creek Machining and Murphy Machine Products, with all three deals closing on January 15, 2020. The transactions were completed alongside a recapitalization of the CMTH platform to provide additional capital and support continued add-on M&A and growth.