M&A Deal Summary

Manitowoc Tool & Machining Acquires Mid Valley Industries

On February 8, 2024, Manitowoc Tool & Machining acquired manufacturer Mid Valley Industries from Gardner Standard

Acquisition Highlights
  • This is Manitowoc Tool & Machining’s 1st transaction in the Manufacturing sector.
  • This is Manitowoc Tool & Machining’s 1st transaction in the United States.
  • This is Manitowoc Tool & Machining’s 1st transaction in Wisconsin.

M&A Deal Summary

Date 2024-02-08
Target Mid Valley Industries
Sector Manufacturing
Buyer(s) Manitowoc Tool & Machining
Sellers(s) Gardner Standard
Deal Type Add-on Acquisition

Target

Mid Valley Industries

Kaukauna, Wisconsin, United States
MVI is a manufacturer of precision machined components and subassemblies that are custom manufactured for equipment used in the mining, old drilling, electrical power generation, and commercial and industrial construction industries. MVI was established in 1966 and is based in Kaukauna, Wisconsin.

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Buyer(S) 1

Buyer

Manitowoc Tool & Machining

Manitowoc, Wisconsin, United States

Category Company
Founded 1965
Sector Manufacturing
DESCRIPTION

Manitowoc Tool & Machining is a midwestern manufacturer that produces a wide variety of precision machined parts sold primarily to industrial equipment manufacturing companies. Manitowoc Tool & Machining was founded in 1965 and is based in Manitowoc, Wisconsin.


DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Wisconsin) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

DESCRIPTION

Gardner Standard is a family backed private investment group focused on acquiring and partnering with lower middle-market companies with up to $75 million in annual sales. The Firm will consider a variety of investment situations including buyouts, special situations, and divestitures. Sectors of interest include manufacturing, consumer, business services, aerospace/defense, industrial services, building products, energy services, and packaging. Gardner Standard is based in New York City.


DEAL STATS #
Overall 3 of 3
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Wisconsin) 2 of 2
Country (United States) 3 of 3
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-01 Williston Fire & Safety

Williston, North Dakota, United States

Williston Fire & Safety is a provider of fire extinguishers, fall protection products and other safety equipment and related services. Williston air business includes safety trailer rentals and air refills. Williston Fire & Safety was established in 1978 and is based in Williston, North Dakota.

Sell -