SOLV Holdings Acquires Majority Position in QuikCut, Inc.
January 24, 2022
SOLV Holdings, an affiliate of Ambassador Enterprises, acquired a majority position in QuikCut, an advanced metal fabricator and contract manufacturer based in Fort Wayne, Indiana. QuikCut owners Mark Webb and Carey Sipe will remain in day-to-day roles while SOLV and Ambassador Enterprises provide capital and strategic support to drive growth and synergies with their other industrial holdings.
- Buyers
- SOLV Holdings, Ambassador Enterprises
- Targets
- QuikCut, Inc.
- Sellers
- Mark Webb, Carey Sipe
- Industry
- Manufacturing
- Location
- Indiana, United States
- Transaction Type
- Buyout
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