Origin Merchant Partners is pleased to announce the successful sale of Magna-Tech Manufacturing , Inc. (« Magna-Tech ») to CapitalWorks, LLC (« CapitalWorks »). Origin Merchant Partners served as the exclusive financial advisor to Magna-Tech and its shareholders.
Magna-Tech is the largest independent provider of vacuum impregnation sealing solutions in North America for both cast metal and electronic components. The Company also offers metal machining, leak testing, chromating, cleaning, shot blasting, sub assembly and thermal deburring services. Its customers primarily produce components for the automotive, railcar, pleasure boat, electric motor, electronic module and wire/cable industries.
CapitalWorks is a private equity firm focused on control investments in middle-market companies in the United States and Canada.
Origin Senior Leads: Bill Doepke, Nick Newlin