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New Deal


Announced

Completed

One Equity Partners-backed Momentum Manufacturing Group completed the acquisition of Evans Industries and Little Enterprises.

Financials

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

Tags

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Friendly

Single Bidder

precision machining

semiconductor components

United States

Acquisition

Cross Border

Completed

Electrical Components

Private

Private Equity

Semiconductors

Majority

Synopsis

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One Equity Partners-backed Momentum Manufacturing Group, a North American metal manufacturing services provider, completed the acquisition of Evans Industries, a producer of mission-critical components for the semiconductor and medical end markets, and Little Enterprises, a precision machining services provider. Financial terms were not disclosed. “We are proud to have supported MMG in the transformative acquisitions of Evans and Little, which were completed in the first year of our investment. The acquisitions expand Momentum’s capabilities, increase the Company’s exposure to mission-critical end markets, and add nearly 160 skilled team members," Charlie Cole, One Equity Partners Principal.

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