May 31, 2015 — Acquisitions
White Wolf Capital announced a recapitalization of Technicut Tool, Inc., with transaction details undisclosed.
Elie Azar, Managing Director of White Wolf, stated: "Technicut is truly an exceptional company that provides high precision machined products to blue-chip customers globally." He expressed commitment to supporting the company's expansion efforts.
Dino Civiero, CEO of Technicut, commented that the partnership would leverage "the financial and industry experience of the White Wolf team" alongside Technicut's manufacturing expertise to achieve future growth objectives.
Capital Assist Valuation, Inc. and NewPoint Capital Partners, Inc. served as exclusive financial advisors to Technicut. Federica Nazzani, President of Capital Assist, noted satisfaction with positioning the company to capitalize on expansion opportunities.
Technicut manufactures high-precision machined metal components primarily for the oil and gas sector, based in Windsor, Canada.
White Wolf is a private investment firm established in late 2011 focused on North American middle-market companies with $20-200 million in revenues and up to $20 million EBITDA. The firm pursues management buyouts, leveraged buyouts, recapitalizations, and growth investments across manufacturing, business services, government services, information technology, aerospace, and defense sectors. White Wolf maintains offices in Miami, Chicago, Montreal, and New York City.