CriticalPoint Partners (“CPP”) is pleased to announce that Walter Surface Technologies (“Walter”), a global leader for productivity in the metalworking industry, has acquired Drillco, a quality brand offering premium cutting tools, and Triumph Twist Drill, a leading manufacturer of tooling and drilling solutions. CPP acted as the buy-side advisor to Walter and was responsible for sourcing the opportunity. Walter is backed by ONCAP, the Toronto based middle market private equity platform of ONEX.
Please contact Ryan McDowell or Austin Echtenkamp with any questions about this transaction.
ABOUT CRITICALPOINT PARTNERS
Headquartered in Los Angeles, CriticalPoint Partners is a leading middle market M&A advisory and investment banking firm focused on sourcing, negotiating and executing a range of corporate finance solutions to enhance shareholder value while building long-term partnerships with its clients. To learn more about CriticalPoint Partners, please visit www.criticalpointpartners.com.
Mr. McDowell and Mr. Echtenkamp are registered representatives of and Securities Products offered through BA Securities, LLC Member FINRA SIPC. CriticalPoint Partners, LLC and BA Securities, LLC are separate and independent entities.
Transaction completed in conjunction with BA Securities.