Factor89 Group Acquires Master Magnetics Inc.
April 9, 2024
Factor89 Group, a specialized private equity firm, has acquired Master Magnetics Inc., a Castle Rock, Colorado-based manufacturer and distributor of magnets and magnetic devices. Master Magnetics will continue operating from its Castle Rock headquarters with CEO Jennifer Brown and existing management remaining in place as Factor89 provides capital and operational resources to scale the business.
- Buyers
- Factor89 Group
- Targets
- Master Magnetics Inc.
- Sellers
- Jack Nellessen
- Industry
- Manufacturing
- Location
- Colorado, United States
- Transaction Type
- Buyout
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