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Announced

Completed

One Equity Partners completed the acquisition of Momentum Manufacturing Group from Ironwood Capital, Akoya Capital, and Landon Capital Partners.

Synopsis

One Equity Partners, a private equity firm, completed the acquisition of Momentum Manufacturing Group, a provider of metal fabrication, machining, and powder coating operation of its kind in Northern New England, from Ironwood Capital, a private equity firm, Akoya Capital, an independent private equity firm, and Landon Capital Partners, an investment group. Financial terms were not disclosed. "The investment thesis for MMG, when Ironwood Capital originally invested in late 2017, was to grow the company organically and through strategic acquisitions in an effort to build a leading domestic engineered products manufacturer, providing a wide variety of finished, specialty products and sub-systems with metal components for diverse applications as a key strategic partner to customers,” Alex Levental, Ironwood Capital Partner.

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