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New Deal


Announced

Completed

Turnout Industries completed the acquisition of KIHM Metal Technologies from The Firefly Group.

Financials

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

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Private

Friendly

Machinery: Industrial

Single Bidder

machining

metal fabrication

Domestic

Completed

United States

Acquisition

Majority

Synopsis

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Turnout Industries, a diversified holding company, completed the acquisition of KIHM Metal Technologies, a provider of metal fabrication and engineering services, from The Firefly Group, a full-service public relations and marketing firm. Financial terms were not disclosed. “KIHM Metal Technologies proudly serves the aerospace, defense and power generation markets with a customer centric approach unique in the industry. We specialize in metal spinning, hydroforming, welding, and precision CNC machining of challenging alloys often found in today’s aircraft. Partnering with Turnout Industries will allow KIHM to expand our capabilities to better meet the needs of our growing customer base," Bryan Davis, KIHM President.

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