Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Specialty CNC, Inc. to Consolidated Machine & Tool Holdings, LLC (“CMTH”), a portfolio company of White Wolf Capital, LLC (“White Wolf Capital”). CMTH is a platform holding company formed in 2017 by White Wolf Capital to acquire industry leading manufacturers specializing in precision machining, fabrication, assembly, and design of highly engineered components. The acquisition closed August 14, 2020 and details were not disclosed.
Located in Bloomington, Indiana, Specialty CNC has over 50 years of experience in the machining, fabricating, and mold making business. The Company designs and fabricates custom metal, plastic, and precision parts for a variety of industries including the medical, dental, automotive, aerospace, and government. Specialty CNC utilizes the latest technology in the prototype, production, and manufacturing process, working one-on-one with customers to design and fabricate products to strict specifications and parameters.
White Wolf Capital, located in Miami, Florida, is a private equity firm founded in late 2011 with a focus on making control-investments in leading middle market companies. They are operationally focused, long-term value investors, and create significant value through capital structure optimization and investments in growth, both organic and through add-on acquisitions. The White Wolf Capital acquisition team was led by Managing Director Elie Azar, Managing Director Rich Leggio II, and Vice President Andres Gutierrez.
Generational Equity Managing Director Don Ho was the dealmaker that successfully closed the transaction. “I am so excited to be able to complete a second transaction with White Wolf Capital. This buyer was our number one pick before we even began our marketing campaign given their excellent reputation and my experience with them on another transaction. White Wolf Capital continues to impress me with their excellence. The speed of this transaction was a new record at my firm and for White Wolf Capital since we closed this deal from the beginning of marketing, through due diligence to a successful close in 27 business days. My clients are ecstatic to be a part of the CMTH and the White Wolf Capital team. It has been an honor and pleasure to represent Specialty CNC, and it was such a phenomenal and enjoyable experience working with White Wolf Capital again,” said Ho.
Generational Equity Vice President Jacob Mangalath was the supporting dealmaker on the transaction. “From the very first call, Specialty CNC just clicked with the CMTH and the White Wolf Capital team, and we knew that this was meant to be. The extreme level of dedication and commitment demonstrated on both sides enabled this deal to close in such a short time. I’m so glad that the trust that our clients placed in us allowed them to achieve and surpass their goals faster than they thought was possible.” said Mangalath.
Both Mr. Ho and Mr. Mangalath are dealmakers in Executive Managing Director Michael Goss’ Transaction Group. Chief Revenue and Strategy Officer Terry Johnson and Senior Managing Director David Robinson, established the initial relationship with Specialty CNC and brought them on board as a client.
Specialty CNC President Mike Baker stated, “This transaction closed much faster than we could have ever expected. We now have an appreciation for the complexity and tireless effort it takes to sell a business. Don and the legal team he assembled during the process was invaluable. We are very thankful for his efforts and would not hesitate to recommend the important service that Don Ho and Generational Equity provide to business owners.”
White Wolf Capital Managing Director Elie Azar Stated, “As always, it was an absolute pleasure working with Don Ho and the team at Generational Equity. We sincerely appreciate the opportunity and look forward to our new partnership with the talented team at Specialty CNC”.
Mr. Ho added, “This transaction was papered in record time due to the impressive work and dedication of our legal team lead by Blaine Statham, Partner, Brandon McCoy, Associate, and Courtney Chouinard, Associate, at Haynes & Boone, as well as the from the hard work of CMTH’s and White Wolf Capital’s legal team of Ice Miller. I really appreciate the late nights and weekends both law firms made to get us to a successful close.”
The information we learn from customers helps us personalize and continually improve your experience. Here are the types of information we gather.
We receive and store any information you enter on our Web site or give us in any other way. We do not sell or rent your personal information to others without your consent. We use the information we collect only for the purposes sending promotional information, enhancing the operation of our site, serving advertisements, for statistical purposes and to administer our systems. We DO NOT use third parties to provide customer service, to serve site content, to serve the advertisements you see on our site, to conduct surveys, to help administer promotional emails, or to administer drawings or contests, but reserve the right to do so in the future without advance notice.
Generational Capital Markets, Inc.’s affiliates are all part of one corporate family, they work with one another and may work together to provide services to you. The sharing of your information among affiliates enables Generational Capital Markets to serve you more efficiently and makes it more convenient for you to do business with Generational Group. Generational Capital Markets is permitted by law to share information with its affiliates. All of our affiliates follow similar privacy policies.
For reasons such as improving personalization of our service, we might receive information about you from other sources and add it to our account information.
Generational Group may license the use of its intellectual property including but not limited to its name, likeness, and logo for the use of affiliated offices. Such affiliated offices may not be owned, controlled, managed, supervised or staffed by employees, officers, or agents of Generational Group. Affiliated offices may be independently owned and operated. For more information about a particular office, please contact Generational Group at its office in Dallas, Texas.
This page may contain other proprietary notices and copyright information, the terms of which must be observed and followed.
Information on this web site may contain technical inaccuracies or typographical errors. Information may be changed or updated without notice. Generational Group may also make improvements and/or changes in the products and/or the programs described in this information at any time without notice.
Generational Group does not want to receive confidential or proprietary information from you through our web site. Please note that any information or material sent to Generational Group will be deemed NOT to be confidential. By sending Generational Group any information or material, you grant Generational Group an unrestricted, irrevocable license to use, reproduce, display, perform, modify, transmit and distribute those materials or information, and you also agree that Generational Group is free to use any ideas, concepts, know-how or techniques that you send us for any purpose.
Our computer system protects personal information using advanced firewall technology.
Information Generational Group publishes on the World Wide Web may contain references or cross references to other products, programs and services that are not announced or available in your country. Such references do not imply that Generational Group intends to announce such products, programs or services in your country. Consult a Generational Group representative for information regarding the products, programs and services which may be available to you.
Generational Group makes no representations whatsoever about any other web site which you may access through this one. When you access a non-Generational Group web site, please understand that it is independent from Generational Group, and that Generational Group has no control over the content on that web site. In addition, a link to a non-Generational Group web site does not mean that Generational Group endorses or accepts any responsibility for the content, or the use, of such web site. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses and other items of a destructive nature.
IN NO EVENT WILL Generational Group BE LIABLE TO ANY PARTY OR ANY DIRECT, INDIRECT, SPECIAL OR OTHER CONSEQUENTIAL DAMAGES FOR ANY USE OF THIS WEBSITE, OR ON ANY OTHER HYPERLINKED WEBSITE, INCLUDING, WITHOUT LIMITATION, ANY LOST PROFITS, BUSINESS INTERRUPTION, LOSS OF PROGRAMS OR OTHER DATA ON YOUR INFORMATION HANDLING SYSTEM OR OTHERWISE, EVEN IF WE ARE EXPRESSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
Generational Capital Markets, Inc. ("GCM"), member FINRA/SIPC, is wholly owned by Generational Capital, LLC ("GC"). Both GCM and GC are affiliated with Generational Equity, LLC; and all part of the Generational Group of companies. This website is solely for general informational purposes and is not guaranteed by us to be accurate and complete statements of fact and should not be relied on as such. Opinions in this website constitute the current judgment of the author as of the date and its last update. The content of this website does not necessarily reflect the opinions of GCM, and is subject to change without notice, and GCM is not under any obligation to update or keep current any information contained herein. This website does not constitute any personal recommendations and does not take into account the specific investment objectives, financial situation or particular needs of the reader. The information contained in this website should not be construed as an offer, or a solicitation of an offer, to buy or sell any securities or other financial investments. The information presented should not and cannot be viewed as an indicator of future performance. To the extent permitted by law, GCM does not accept any liability arising from the use or retransmission of the information in this website.
Furthermore, all information contained within this website is the property of Generational Group.
Honored to win Investment Banking Firm of the Year 3 years running.
Over 50 awards and counting.
Sign up to receive regular email updates, industry-leading insights and details on complimentary M&A executive conferences in your area from our award-winning team
Success, you have been added to our list.