M&A Deal Summary

Machine Solutions Acquires Steeger USA

On December 18, 2014, Machine Solutions acquired machinery company Steeger USA

Acquisition Highlights
  • This is Machine Solutions’ 1st transaction in the Machinery sector.
  • This is Machine Solutions’ 2nd transaction in the United States.
  • This is Machine Solutions’ 1st transaction in South Carolina.

M&A Deal Summary
Date 2014-12-18
Target Steeger USA
Sector Machinery
Buyer(s) Machine Solutions
Deal Type Add-on Acquisition
Advisor(s) The Capital Corporation (Financial)

Target

Steeger USA

Inman, South Carolina, United States
Steeger USA provides fine-wire braiding, coiling, and custom designed equipment to the medical, micro-electronics, wire & cable, technical textile, and composite materials industries. As a specialist with fine wire and fibers, the company’s industry leading equipment provides solutions to meet our customers’ diverse product applications.

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Buyer(S) 1

Buyer

Machine Solutions

Flagstaff, Arizona, United States
Category Company
Founded 1999
Sector Medical Products
DESCRIPTION

Machine Solutions is a provider of innovative equipment and services to the medical device industry. Machine Solutions was founded in 1999 and is based in Flagstaff, Arizona.

DEAL STATS #
Overall 2 of 8
Sector (Machinery) 1 of 3
Type (Add-on Acquisition) 2 of 7
State (South Carolina) 1 of 1
Country (United States) 2 of 7
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-05 Vante

Tucson, Arizona, United States

Vante is a technology company that designs and produces products for the precise manipulation of medical plastics.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-03 PlasticWeld Systems

Newfane, New York, United States

PlasticWeld Systems, Inc. is a manufacturer of precision engineered, turnkey production equipment for disposable medical products. Company has been designing a wide variety of innovative production solutions for catheter and medical disposables manufacturing needs.

Buy -
Mergr

Product

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