Announced
Completed
Synopsis
Wind Point Partners, a Chicago-based private equity firm, completed the acquisition of Central Moloney, a manufacturer of critical infrastructure products for the U.S. electrical grid. Financial terms were not disclosed. “We are thrilled to be partnering with Wind Point. They offer CMI access to a robust executive network, additional capital resources and professional expertise, all of which will enhance our ability to grow and support customers.The need for distribution transformers and transformer components is as strong as it’s ever been, which calls for steadfast attention to quality and the customer experience. The partnership with Wind Point will allow us to continue expanding production, modernize and upgrade equipment and systems and explore strategic acquisitions. The entire CMI family is very excited as we embark on this next chapter of our journey," Chris Hart. Central Moloney CEO.
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