Quarton International is pleased to announce that Experi-Metal, Inc. (“EMI,” or the “Company”) has been acquired by The Watermill Group (“Watermill”). Experi-Metal is a leading provider of prototyping and complex metalformed parts and assemblies primarily for the automotive and aerospace markets. EMI will complement its Watermill sister company, Quality Metalcraft (QMC), a leading producer of engineered structural metal components and assemblies, providing advanced prototype, specialty production and factory assist services. Quarton International acted as the exclusive financial advisor to EMI, working closely with the management team and shareholders throughout the sale process.
EMI specializes in highly engineered, metalformed prototypes, sub-assemblies, full Body-In-White (BIW) assemblies and bridge production, with a proficiency in designs that are complex in geometry and often utilize advanced materials. The Company has developed a sterling reputation in its served market and has developed strong relationships with a broad range of blue chip and start-up customers across automotive, aerospace, defense and the alternative energy sectors.
“We are pleased to join the Watermill family and support our innovative, technology-driven manufacturing customers with increased prototyping and specialty production requirements as they strive to remain on the leading edge,” stated Gerry King, President, EMI, who will also take on the role of Head of Prototype Sales for EMI and QMC. “With QMC, our combined technical expertise, ‘get it done’ approach, and end-to-end services will enable us to meet the intensifying demand of automakers for design, customizability and speed-to-market.”
“By working in close collaboration with EMI, we will be able to better support the unique needs of each customer going forward,” stated Kurt Saldana, who will serve as Chief Executive Officer. “QMC’s fast, innovative solutions and reliable service are only enhanced while working alongside EMI, and we look forward to helping our customers stay on top of the trends disrupting the markets of human mobility.”
Experi-Metal, Inc., headquartered in Sterling Heights, Michigan, is a leading provider of highly engineered, metalformed prototypes, full Body-In-White (BIW) assemblies and bridge production components and assemblies in the automotive, aerospace, defense and alternative energy industries. Since 1959, customers have relied on EMI’s attention to excellence and dedication to continuous improvement.
The Watermill Group is a strategy-driven private investment firm that helps companies achieve their full potential through strategic transformation. For more than three decades, Watermill has been acquiring, operating and improving companies. Watermill looks for businesses in which it can apply a unique combination of strategic insight and management expertise to re-imagine their future and drive growth.
Quality Metalcraft, Inc., headquartered in Livonia, Michigan, is a premium, niche provider of highly engineered, metal formed assemblies serving a wide range of transportation industries, including automotive, aerospace and defense, heavy trucking and construction equipment. The company specializes in advanced prototyping, in-house tooling, low-to-medium volume production, and factory assist services. Based in Livonia, Michigan, QMC is a highly technical organization with an adaptable, flexible manufacturing footprint.