Transaction
Center Manufacturing, Inc., a portfolio company of Industrial Opportunity Partners, was acquired by Mayville Engineering Company. Quarton Partners acted as the exclusive financial advisor to Center Manufacturing and Industrial Opportunity Partners.
Client
Center Manufacturing, based in Byron Center, Mich., is a full-service manufacturer of highly engineered, complex metal-formed components and assemblies for commercial vehicle, power sports and agricultural and construction equipment applications. Center’s product offering is represented by over 5,000 active parts, including complex welded assemblies, fluid delivery products, large diameter tubing, fuel tanks and fabricated metal assemblies. The Company operates from eight manufacturing locations in close proximity to its blue-chip customer base.
Buyer
Mayville Engineering Company, headquartered in Mayville, Wisconsin, has become a manufacturing company where employee shareholders are creating outstanding value and support every day for their customers and the communities in which they live and work. Mayvilles processes include laser and plasma cutting, stamping, forming, machining, welding, tube forming, painting, assembly and kitting, product testing and validation of metal products for the construction, military, agriculture, mining, power sports, marine, medical and power generation industries. The company was founded in 1945 and today has 1,200 employees and eight Wisconsin locations in Mayville, Neillsville, Beaver Dam, Berlin and Wautoma.
Contact
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