M&A Deal Summary

CW Industrial Partners Acquires Innoveyance

On June 4, 2018, private equity firm CW Industrial Partners acquired machinery company Innoveyance

Acquisition Highlights
  • This is CW Industrial Partners’ 1st transaction in the Machinery sector.
  • This is CW Industrial Partners’ 18th transaction in the United States.
  • This is CW Industrial Partners’ 8th transaction in Ohio.

M&A Deal Summary
Date 2018-06-04
Target Innoveyance
Sector Machinery
Buyer(s) CW Industrial Partners
Deal Type Consolidation

Target

Innoveyance

Cleveland, Ohio, United States
Innoveyance provides conveyor, scrap handling, and filtration systems for sophisticated industrial applications. The company sells roller and pneumatic solutions to blue-chip customers in corrugated paper, beverage cans, fulfillment centers, and other industrial applications. Innoveyance was formed in 2018 and is based in Cleveland, Ohio.

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Buyer(S) 1

Buyer

CW Industrial Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 500M USD
Size Middle-Market
Type Sector Focused
DESCRIPTION

CW Industrial Partners is an industrial-focused private equity firm that is backed by knowledgeable investors who partner with it in finding, vetting, and owning companies. CW Industrial Partners acquires lower middle-market companies in manufacturing and industrial services industries and provides capital, support, and freedom to grow. CW Industrial Partners was founded in 1999 and is based in Cleveland, Ohio.

DEAL STATS #
Overall 20 of 27
Sector (Machinery) 1 of 1
Type (Consolidation) 1 of 1
State (Ohio) 8 of 12
Country (United States) 18 of 25
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-15 Premium Plastic Solutions

Latrobe, Pennsylvania, United States

Premium Plastic Solutions LLC is a plastics molding company that produces complete products from concept to sale using state-of-the-art equipment and technology. Products include medical and food containers, pollution control equipment, wheels, automotive and furniture components, industrial cases, water bottles, playground and garden equipment, agricultural tanks, anti-terrorism barriers, storage units, and more. Premium Plastic Solutions was founded in 1987 and is based in Latrobe, Pennsylvania.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-07 Capewell Aerial Systems

South Windsor, Connecticut, United States

Capewell Aerial Systems is a design and manufactures tactical, parachute and aerial delivery products. Capewell Aerial Systems was founded in 1881 and is based in South Windsor, Connecticut.

Sell -
Mergr

Product

Company

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