M&A Deal Summary

Argonaut Private Equity Acquires MultiTech Industries

On December 13, 2019, private equity firm Argonaut Private Equity acquired automotive company MultiTech Industries

Acquisition Highlights
  • This is Argonaut Private Equity’s 2nd transaction in the Automotive sector.
  • This is Argonaut Private Equity’s 17th transaction in the United States.
  • This is Argonaut Private Equity’s 1st transaction in Illinois.

M&A Deal Summary
Date 2019-12-13
Target MultiTech Industries
Sector Automotive
Buyer(s) Argonaut Private Equity
Deal Type Buyout (LBO, MBO, MBI)

Target

MultiTech Industries

Carol Stream, Illinois, United States
MultiTech Industries is a manufacturer of high-volume automotive parts serving large Tier 1 suppliers through a variety of processes including cold headed fasteners, die stampings, machined components and wire forming. The Company also manufactures high-precision components for industrial trucks, construction and farm machinery. MultiTech Industries was founded in 1993 and is based in Carol Stream, Illinois.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Argonaut Private Equity

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2002
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Argonaut Private Equity is a private equity firm focused on control investments in entrepreneur and family-owned businesses headquartered in the middle region of the US. The Firm seeks industrial oriented manufacturing, distribution, and service companies with revenue between $20 and $300 million and EBITDA between $5 and $50 million. Argonaut typically commits $15 to $100 million per transaction to support buy-outs, distressed and special situations, growth needs, and divestitures. Argonaut Private Equity was founded in 2002 and is based in Tulsa, Oklahoma.

DEAL STATS #
Overall 17 of 26
Sector (Automotive) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 6 of 12
State (Illinois) 1 of 2
Country (United States) 17 of 26
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-28 Mammoth Carbon Products

The Woodlands, Texas, United States

Mammoth Carbon Products is a pipeline distribution company. Mammoth provides carbon steel pipe distribution and services for the energy infrastructure markets. Mammoth currently services the North American market focusing in Texas and Colorado. Mammoth Carbon Products was founded in 2014 and is based in The Woodlands, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-01 Applied Industrial Machining

Oklahoma City, Oklahoma, United States

Applied Industrial Machining engages in machining and manufacturing of oilfield products and specialized parts for a variety of industries. Applied understands how to serve customers effectively across a variety of jobs, including prototyping, hot jobs, and contract manufacturing. Applied’s strength lies in the company's commitment to meeting our customers’ needs and delivering quality work on time and within budget. Applied Industrial Machining was founded in 1986 and is based in Oklahoma City.

Sell -
Mergr

Product

Company

Legal