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Announced

Core Industrial Partners to acquire GEM Manufacturing.

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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United States

Private Equity

Specialty Contracting

Friendly

Single Bidder

Acquisition

contract manufacturer

Domestic

Majority

Private

Pending

Synopsis

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Core Industrial Partners, a private equity firm, agreed to acquire GEM Manufacturing, a contract manufacturer. Financial terms are not disclosed. “Our acquisition of GEM serves as the latest example of our focus on partnering with founder, family and entrepreneur-owned businesses in proactively identified thematic verticals with attractive investment dynamics. We believe we can leverage our deep precision manufacturing experience to help expedite the Company’s next stage of growth,” John May, Core Industrial Partners Managing Partner.

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