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New Deal


Announced

Completed

Mill Rock Capital-backed DRT completed the acquisition of Custom Machining.

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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Private

United States

metal packaging

Acquisition

Friendly

Domestic

Majority

Completed

Single Bidder

Machinery: Specialty

Private Equity

Synopsis

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Mill Rock Capital-backed DRT, a specialized manufacturing solution to the metal packaging, aerospace, and precision industrial segments, completed the acquisition of Custom Machining, a provider of high-speed, high-precision liner systems and parts for metal packaging applications serving the end markets for food, beverage and household products. Financial terms were not disclosed. "CMC is a highly complementary business to DRT MPS, and we are extremely excited to enhance the suite of solutions we provide to our respective customer bases. CMC is well respected for its quality, technical capability, and customer service, which we will continue to strengthen under the DRT banner. I look forward to working with CMC's associates to drive high quality, innovative outcomes and best-in-class service for our customers." Larry Churchwell, DRT Holdings President.

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