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Announced

Completed

Vance Street-backed Wytech Industries completed the acquisition of Mountain Manufacturing Technologies for $70m.

Financials

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Transaction Value£63m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

United States

Completed

Private

Friendly

Business Process Outsourcing

Business Processing Outsourcing

Private Equity

Majority

Single Bidder

Domestic

Synopsis

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Vance Street-backed Wytech Industries, a manufacturer of components for the medical device industry, completed the acquisition of Mountain Manufacturing Technologies, a provider of research and development-driven contract manufacturing services, for $70m. “As we searched for partners that could complement Wytech’s position of high volume dead straight mandrels to the interventional market, we became very excited as learned the depth of Mountain Manufacturing’s mandrel expertise. From every aspect, Mountain’s position as a specialty mandrel supplier for large diameter, hollow core, grooved mandrels, and specialty metals is a perfect fit to Wytech’s scale and volume,” Mike Janish, Vance Street Managing Partner.

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