Announced
Financials
Tags
Acquisition
United States
Majority
Diversified Industrials
Private
Friendly
Pending
Private Equity
Domestic
metal fabrication
Single Bidder
Synopsis
CORE Industrial Partners, a private equity firm, agreed to acquire CGI Automated Manufacturing, a custom precision sheet metal fabrication solutions provider. Financial terms were not disclosed. “Our investment in CGI aligns well with our continued focus on partnering with founder- and family-owned businesses that embrace powerful Industry 4.0 trends. CGI’s historical focus on technology and automation combined with quick turnaround times, outstanding customer service and precision manufacturing capabilities make the business an ideal new platform investment," John May, CORE Managing Partner.
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