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New Deal


Announced

Completed

In-Place Machine Company completed the acquisition of Western Machine Works.

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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Hydro Component Machining

Housing Repair

roll grinding

shaft manufacturing

United States

thermal spray services

General Heavy Industries

Single Bidder

Machinery: Industrial

Acquisition

Completed

engineering services

precision machine shop services

wind turbines

Domestic

industrial repair solutions

roll manufacturing

Grinding & Balancing

Wind Turbine Main Bearing

Majority

Private

Friendly

Synopsis

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In-Place Machine Company, a provider of high-precision engineered on-site machining, large-scale cutting & drilling, 3D scanning, and measurement and alignment services, completed the acquisition of Western Machine Works, a provider of services to heavy industries including pulp and paper, wind and hydropower generation, marine, steel, and more. Financial terms were not disclosed. “IPM could not be happier about Western Machine Works joining our great Team. Their highly skilled, experienced group of engineers and machinists are committed to providing exceptional service to heavy industrial markets such as pulp & paper, marine, steel, and wind and hydropower generation. WMW has a reputation for being the best of the best. Their location, end markets, and service offerings, as well as their company culture, make them an outstanding fit for our customers, and for our overall growth strategy,” Dean Flint, In-Place Machining Company President and CEO.

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