Announced
Completed
Financials
Tags
Acquisition
Private Equity
Completed
steel molds
Private
Canada
Machinery: Industrial
Majority
Friendly
Single Bidder
Synopsis
Private equity firm Crestview Partners completed the acquisition of Ontario-based Concours Mold, a manufacturer of steel molds and tooling. Financial terms of the transaction were not The acquisition of Concours is the first step in a strategy to invest $200m of equity to acquire and integrate tooling and mold companies. disclosed. "There is a compelling opportunity to create a global technology leader in the highly fragmented tooling and mold industry. Identifying niche industries which have not yet seen the emergence of a global leader is a core focus of Crestview's industrials investment strategy. We are excited to partner with the team at Concours to help accelerate the company's growth around the world and position the business for long-term success," Alex Rose, Crestview Partner.
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