M&A Deal Summary

Turnout Industries Acquires KIHM Metal Technologies

On November 14, 2022, private equity firm Turnout Industries acquired manufacturer KIHM Metal Technologies

Acquisition Highlights
  • This is Turnout Industries’ 1st transaction in the Manufacturing sector.
  • This is Turnout Industries’ 3rd transaction in the United States.
  • This is Turnout Industries’ 1st transaction in Indiana.

M&A Deal Summary
Date 2022-11-14
Target KIHM Metal Technologies
Sector Manufacturing
Buyer(s) Turnout Industries
Deal Type Buyout (LBO, MBO, MBI)

Target

KIHM Metal Technologies

Brazil, Indiana, United States
KIHM Metal Technologies provides metal spinning, hydroforming, and complex machining of exotic alloy-based components for the aerospace, defense, and power generation markets. The company's broad capability set includes: metal spinning (up to 72”), hydroforming (up to 25"), horizontal/vertical/5 axis machining centers, CNC turning centers (up to 36”), 6-axis laser cutting, and TIG/plasma welding. Its finishing operations are provided through local vendors, allowing for lower cost and less risk for customers' projects. KIHM Metal Technologies was formed in 1967 and is based in Brazil, Indiana.

Search 201,292 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Turnout Industries

Investor Investor Investor Investor

Category Private Equity Firm
Founded 2021
Size Small
Type Sector Agnostic
DESCRIPTION

Turnout Industries is a private equity firm focused on investments in North American lower-middle market businesses. Turnout considers control and non-control positions in companies with EBITDA of at least $1 million and revenue between $5 and $50 million. The Firm generally invests in the business services, manufacturing, and distribution and logistics industries, with an interest in the food/ingredients, inspection, specialty treatments, and marketing subsectors. Turnout will consider a variety of investment situations including growth financings and buyouts. Turnout Industries was established in 2021 and is headquartered in Chicago, Illinois.

DEAL STATS #
Overall 3 of 4
Sector (Manufacturing) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 2 of 3
State (Indiana) 1 of 1
Country (United States) 3 of 4
Year (2022) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-09 North Point

Ipswich, Massachusetts, United States

North Point is a provider of investigative due diligence services offering comprehensive proprietary research to its clients for the purpose of evaluating investments and management team members. North Point Associates is based in Ipswich, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-12 Dewpoint

Lansing, Michigan, United States

Dewpoint develops strategic technology plans to maximize resources and position organizations. The company's service-based solutions help clients transform and optimize their IT architecture stack and operations through Cybersecurity improvements, Strategic Assessments, Managed IT Services, Portfolio and Project Management, Organizational Change Management, and Application Development. Dewpoint is based in Lansing, Michigan.

Buy -
Mergr

Product

Company

Legal