Consolidated Machine & Tool Holdings (CMTH) and Canadian-based Technicut Tool, both portfolio companies of White Wolf Capital, announced the successful consolidation of Technicut into CMTH.
The combination provides strategic advantages for both organizations. For CMTH, Technicut "opens the door to the Canadian aerospace & defense markets, brings leading blue-chip customers, and expands CMTH's manufacturing" with advanced machining capabilities. Technicut gains access to the U.S. market, significantly expanding growth opportunities. Transaction details were not disclosed.
CMTH operates as a platform holding company for precision manufacturers specializing in machining, fabrication, assembly, and design of engineered components. The company maintains AS9100, ISO:9001, and ITAR certifications with an experienced management team serving multiple industries.
Technicut manufactures high-precision machined metal components, primarily serving energy and aerospace & defense sectors globally from its Windsor, Canada location. White Wolf recapitalized the company in May 2015 to support expansion.
CMTH actively seeks North American acquisitions with revenues between $5–$50 million that specialize in precision manufacturing and hold required certifications, serving aerospace, defense, medical, and industrial markets.
White Wolf Capital, founded in 2011, focuses on direct and indirect investments in middle-market North American companies with $20–$200 million in revenues. The firm maintains offices in Miami, Chicago, Montreal, and New York City.