M&A Deal Summary

ReNEW Acquires Stillwater Technologies

On January 17, 2024, ReNEW acquired machinery company Stillwater Technologies from Brixey & Meyer Capital

Acquisition Highlights
  • This is ReNEW’s 1st transaction in the Machinery sector.
  • This is ReNEW’s 1st transaction in the United States.
  • This is ReNEW’s 1st transaction in Ohio.

M&A Deal Summary

Date 2024-01-17
Target Stillwater Technologies
Sector Machinery
Buyer(s) ReNEW
Sellers(s) Brixey & Meyer Capital
Deal Type Add-on Acquisition

Target

Stillwater Technologies

Troy, Ohio, United States
Stillwater Technologies is a provider of precision machining, fabrication, and resistance welding parts needs of the communications, aerospace, defense, automotive and energy sectors. Stillwater Technologies was founded in 1958 and is based in Troy, Ohio.

Search 215,130 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

ReNEW

Norcross, Georgia, United States

Category Company
Sector Manufacturing
DESCRIPTION

ReNEW is a provider of quality machined and fabricated parts, quickly, at a fair price. ReNEW is based in Norcross, Georgia.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1

Seller(S) 1

DESCRIPTION

Brixey & Meyer Capital is a lower middle-market private equity firm focused on acquiring and investing in profitable, Midwest US-based niche-oriented companies with $2 to $10 million of EBITDA. The Firm will consider majority and minority positions and seeks opportunities with recurring revenue business models, proven management in place, and opportunities for growth. Sectors of interest include manufacturing, distribution, and services. Brixey & Meyer Capital was formed in 2015 and is based in Miamisburg, Ohio.


DEAL STATS #
Overall 5 of 6
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 4
State: Ohio M&A 2 of 3
Country: United States M&A 5 of 6
Year: 2024 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-20 Lipp America Tank Systems

Novi, Michigan, United States

Lipp America Tank Systems is an installer of bio-solid digestor tank systems used by municipalities and other large waste generators to convert bio waste to usable natural gas that can be used or sold into the natural gas energy grid. Lipp America Tank Systems is based in Novi, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-29 Professional Maintenance & Equipment

Wade, North Carolina, United States

Professional Maintenance & Equipment specializes in installing, maintaining, and repairing automotive shop equipment, serving the dealership, collision center, tire, and lube markets. Professional Maintenance & Equipment is based in Wade, North Carolina.

Buy -