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M&A Deal Summary

Tecum Capital Acquires Kadon

On October 21, 2024, private equity firm Tecum Capital acquired machinery company Kadon

Acquisition Highlights
  • This is Tecum Capital’s 5th transaction in the Machinery sector.
  • This is Tecum Capital’s 83rd transaction in the United States.
  • This is Tecum Capital’s 4th transaction in Illinois.

M&A Deal Summary
Date 2024-10-21
Target Kadon
Sector Machinery
Buyer(s) Tecum Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Kadon

Rockford, Illinois, United States
Kadon specializes in Swiss turn, milling, lathe, and multi-axis precision machining and assembly for the aerospace, defense, space, and industrial end markets. It is ISO 9001 and AS9100D certified and has over 70,000 square feet of manufacturing space and 100+ long-tenured and skilled employees. Kadon was formed in 1952 and is based in Rockford, Illinois.

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Buyer(S) 1

Buyer

Tecum Capital

Investor Investor Investor Investor

Category Private Equity Firm
Founded 2005
PE ASSETS 750M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Tecum Capital is a private equity firm focused on lower middle-market companies across the Eastern-US. Tecum will consider a variety of investment situations including leveraged buyouts, management buyouts, successions, strategic acquisitions, growth capital financings, and recapitalizations. Investment sizes range from $5 - $20 million. Industries of interest include manufacturing, plastics, specialty distribution, technology, healthcare services, defense, food, and business/consumer services. Tecum will not consider investments in start-ups or real estate. Tecum Capital was formed in 2005 and is based in Wexford, Pennsylvania.

DEAL STATS #
Overall 83 of 83
Sector (Machinery) 5 of 5
Type (Buyout (LBO, MBO, MBI)) 29 of 29
State (Illinois) 4 of 4
Country (United States) 83 of 83
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-14 Shake Smart

San Diego, California, United States

Shake Smart provides healthy, nutritious, and delicious protein shakes, protein smoothies, acai bowls, wraps, nut butter avocado toast, and more to its customers across multiple dayparts. Shake Smart was founded in 2011 and is based in San Diego, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-02 Accelevation

Miamisburg, Ohio, United States

Accelevation is a vertically integrated group of manufacturing companies serving the data center, electric vehicle, and robotic markets. Its primary product line includes hot-aisle and cold-aisle containment solutions for leading data center builders and operators. Accelevation was founded in 2018 and is based in Miamisburg, Ohio.

Sell -
Mergr

Product

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