M&A Deal Summary

Meca & Technology Machine Acquires IR Engraving

On January 1, 2018, Meca & Technology Machine acquired manufacturer IR Engraving from Cornerstone Capital Holdings

Acquisition Highlights
  • This is Meca & Technology Machine’s 1st transaction in the Manufacturing sector.
  • This is Meca & Technology Machine’s 1st transaction in the United States.
  • This is Meca & Technology Machine’s 1st transaction in Virginia.

M&A Deal Summary

Date 2018-01-01
Target IR Engraving
Sector Manufacturing
Buyer(s) Meca & Technology Machine
Sellers(s) Cornerstone Capital Holdings
Deal Type Add-on Acquisition

Target

IR Engraving

Sandston, Virginia, United States
IR Engraving is a manufacturer of engraving industrial rolls and plates, gravure rolls, and building custom machinery in support of various industries including consumer goods, luxury vinyl tile, building products, and other industrial applications. IR Engraving is based in Sandston, Virginia.

Search 214,239 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Meca & Technology Machine

Green Bay, Wisconsin, United States

Category Company
Founded 1983
Sector Machinery
Employees50
DESCRIPTION

Meca & Technology Machine is a manufacturer and engineering provider of tight tolerance machined components, such as carbon fiber, steel, stainless steel, and aluminum cylinders, gears, composite flexographic plate and bridge sleeves, aluminum and carbon fiber anilox sleeves, and mechanically engraved cylinders for the industrial, packaging, flexographic printing, coating and converting industries. Meca & Technology Machine was founded in 1983 and is based in Green Bay, Wisconsin.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1

Seller(S) 1

SELLER

Cornerstone Capital Holdings

Fort Worth, Texas, United States

Category Private Equity Firm
Founded 2000
Size Small
Type Sector Agnostic
DESCRIPTION

Cornerstone Capital Holdings LLC is a private equity firm that seeks investments in manufacturing and industrial service companies generating sales of $5 - $100 million with an EBITDA of $1 - $10 million. The Firm generally looks to acquire privately held businesses or divisions of larger private or public companies. Specific sectors of interest include packaging-related products, specialty machinery, defense/aerospace products, specialty chemicals, rubbers, synthetics, electrical components and assemblies, niche branded products, automobile component manufacturers, general industrial business-to-business products, specialty catalog, niche distribution, and MRO providers. Cornerstone avoids investing in consulting, restaurants, construction, biotech, retail, and real estate. Cornerstone was formed in 2000 and has offices in Fort Worth, Texas and Blue Bell, Pennsylvania.


DEAL STATS #
Overall 4 of 6
Sector: Manufacturing M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 5
State: Virginia M&A 1 of 1
Country: United States M&A 3 of 5
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-04 ACTech

Freiberg, Germany

ACTech GmbH is a provider of high-level technical service: rapid prototyping and manufacturing of metal components. The automotive industry is a major client, ordering products ranging from sophisticated 16-valve cylinder heads to plain oil pans. ACTech GmbH was founded in 1995 and is based in Freiberg, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-10 AeroGen-TEK

Paris, Illinois, United States

AeroGen-TEK is a manufacturer of complex fabrications and combustion components using high-temperature superalloy components for the aerospace and industrial gas turbine markets. AeroGen-TEK is based in Paris, Illinois.

Buy -