Consolidated Machine & Tool Holdings, LLC (CMTH), a White Wolf Capital portfolio company, announced three simultaneous acquisitions on January 15, 2020: RLS Machining, Inc., Mill Creek Machining, Inc., and Murphy Machine Products, Inc. Transaction details remained undisclosed.
CMTH was recapitalized to support "additional acquisitions and continued growth." Elie Azar, Managing Director at White Wolf, expressed enthusiasm about partnering with the acquired management teams, noting the transaction would provide "access to additional capital and resources."
CMTH operates as a platform holding company established in 2017 specializing in precision machining, fabrication, assembly, and design of engineered components. Prior acquisitions include Astro-Tek Industries (June 2017) and LCP Machine (February 2018). All CMTH companies maintain AS9100, ISO9001, and ITAR certifications.
RLS, founded in 2010 by Mike Rollmann and Hal Schulz, offers precision machining and prototyping services across various materials and techniques. Located in Omro, Wisconsin, the company handles prototype parts, repair work, and production runs.
White Wolf Capital, established in 2011, targets direct and indirect investments in North American middle-market companies with revenues between $20-200 million and EBITDA up to $20 million, focusing on manufacturing, business services, aerospace, and defense sectors.