M&A Deal Summary

Tide Rock Holdings Acquires CableMaster

On December 15, 2021, growth capital firm Tide Rock Holdings acquired electrical equipment company CableMaster

Acquisition Highlights
  • This is Tide Rock Holdings’ 2nd transaction in the Electrical Equipment sector.
  • This is Tide Rock Holdings’ 5th transaction in the United States.
  • This is Tide Rock Holdings’ 1st transaction in Wisconsin.

M&A Deal Summary

Date 2021-12-15
Target CableMaster
Sector Electrical Equipment
Buyer(s) Tide Rock Holdings
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) TKO Miller LLC (Financial)

Target

CableMaster

Milwaukee, Wisconsin, United States
CableMaster is a family-owned manufacturer and global supplier of custom electrical cables and wire harnesses. Its customer base comprises market-leading original equipment manufacturers (OEMs) in portable and standby power generators, lighting, commercial cooking equipment, and other industrial manufacturing industries. The company sources components and fully assembled finished goods through its robust and competitive supplier network, which it then tailors, assembles, or sells to OEM customers. CableMaster was formed in 1987 and is based in Milwaukee, Wisconsin.

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Buyer(S) 1

DESCRIPTION

Tide Rock Holdings is a private holding company that looks to acquire profitable, lower middle-market businesses valued up to $30 million. Areas of interest include business services, transportation, distribution, manufacturing, and food/beverage. Tide Rock prefers businesses with recurring revenue business models, high margins, and differentiated products/services. Tide Rock Holdings was formed in 2013 and is headquartered in Cardiff, California.


DEAL STATS #
Overall 5 of 18
Sector (Electrical Equipment) 2 of 3
Type (Buyout (LBO, MBO, MBI)) 4 of 17
State (Wisconsin) 1 of 1
Country (United States) 5 of 18
Year (2021) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-02 Altratek Plastics

Longmont, Colorado, United States

Altratek Plastics is a full-service custom injection molding and tooling company, based in Longmont, Colorado. Altratek Plastics is based in Longmont, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-16 American Recycling

Modesto, California, United States

American Recycling is a full-service recycling company handling paper, plastic, and metal products, as well as organic waste material. The company works closely with food producers and industrial companies as a one-stop source for all their recycling needs, from hauling to materials processing to supplying recycled materials. American Recycling was founded in 1946 and is based in Modesto, California.

Buy -