M&A Deal Summary

Wynnchurch Capital Acquires Premier Forge

On June 3, 2019, private equity firm Wynnchurch Capital acquired metals/mining company Premier Forge from ATI

Acquisition Highlights
  • This is Wynnchurch Capital’s 1st transaction in the Metals/Mining sector.
  • This is Wynnchurch Capital’s 35th transaction in the United States.
  • This is Wynnchurch Capital’s 3rd transaction in Indiana.

M&A Deal Summary
Date 2019-06-03
Target Premier Forge
Sector Metals/Mining
Buyer(s) Wynnchurch Capital
Sellers(s) ATI
Deal Type Divestiture

Target

Premier Forge

Portland, Indiana, United States
Premier Forge provides high-value, complex forgings for blue-chip OEMs primarily in the transportation, oil & gas, construction, mining, agricultural, and aerospace, and defense markets. Premier Forge’s capabilities include comprehensive forging processes complemented by in-house design and engineering, material expertise, product machining, and heat-treating services. Premier Forge was founded in 2019 and is based in Portland, Indiana.

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Buyer(S) 1

Buyer

Wynnchurch Capital

Rosemont, Illinois, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 9.2B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Wynnchurch Capital is a private equity firm focused on middle-market company investments in the US and Canada. Wynnchurch looks to commit $50 to $750 million of equity per platform. Sectors of interest include manufacturing, business services, logistics, energy and power services, and value-added distribution. Prospective transaction types include management buyouts, recapitalizations, corporate carve-outs, restructurings, turnarounds and growth capital situations. Wynnchurch Capital was formed in 1999 and is based in Rosemont, Illinois.

DEAL STATS #
Overall 46 of 72
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 10 of 13
State (Indiana) 3 of 4
Country (United States) 35 of 60
Year (2019) 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-23 Alliance

Laval, Quebec, Canada

Alliance is a manufacturer of polymeric sand and related installation products used in residential and commercial hardscaping projects. The Company’s flagship product line, G2 polymeric sand, greatly reduces required maintenance on hardscaping projects and provides a strong defense against insects, weeds, and erosion. Alliance was founded in 2003 and is based in Laval, Quebec.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-19 MPL Holdings

Fairland, Indiana, United States

MPL Holdings LLC is a build-to-order manufacturer of cultured marble bath products and accessories. MPL Holdings primarily serves hospitality brands throughout the U.S. and Canada. Cultured marble is an engineered composite produced with a precise blend of materials that are molded with a gel coat finish. MPL’s core product offering consists of shower panels/surrounds, shower pans, and accessories.

Buy -

Seller(S) 1

SELLER

ATI

Dallas, Texas, United States
Category Company
Founded 1996
Sector Metals/Mining
Employees7,300
Revenue 4.2B USD (2023)
DESCRIPTION

ATI is a diversified specialty materials and components producer. The Company's markets include aerospace and defense, oil and gas/chemical process, electrical energy, medical, automotive, food equipment and appliance, and construction and mining. ATI's products include titanium and titanium alloys, nickel-based alloys and superalloys, engineered forgings and castings, zirconium, hafnium, niobium alloys, grain-oriented electrical steel, and stainless and specialty steels. ATI was incorporated in 1996 and is based in Dallas, Texas.

DEAL STATS #
Overall 4 of 6
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 3 of 5
State (Indiana) 1 of 1
Country (United States) 4 of 5
Year (2019) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-16 Addaero Manufacturing

New Britain, Connecticut, United States

Addaero Manufacturing Co. is a metal alloy-based additive manufacturing for the aerospace and defense industries, located in New Britain, CT.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-04 Allegheny Technologies - Titanium Investment Castings Business

Pittsburgh, Pennsylvania, United States

Allegheny Technologies, Inc. - Titanium Investment Castings Business produces titanium investment castings that are primarily used by aerospace & defense OEMs in the production of commercial jet airframes and engines. The ATI Cast Products business unit is part of the High-Performance Materials & Components (HPMC) segment.

Sell -
Mergr

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