ORANGE COUNTY, California, December 24, 2021 / PRNewswire / – Plethora Businesses, a M&A consultancy firm based in Orange County, California, is pleased to announce the closure of Ideal Fasteners, a global manufacturer of threaded fasteners, as part of its sale to MW Industries. Plethora served as the exclusive seller’s advisor in this transaction.
The closing of the transaction was announced on December 10, 2021, and adds to an already very solid year for Plethora Businesses in the midst of an active M&A market.
For over 50 years Ideal Fasteners have been manufacturing threaded fasteners of the highest quality. The Company manufactures socket caps, button sockets, flat socket caps and specialty items from customer impressions. With global distribution and quality certifications including NADCAP, AS9100 and ISO9001, Ideal Fasteners is a supplier of choice for thread inserts in United States and in world markets.
The acquisition expands MW Industries’ existing manufacturing sites in the United States to provide precision components for global distribution. The combined company will offer an increased selection of standard and custom socket caps and other threaded fasteners, as well as a wide variety of high-tech metal and plastic components.
“The Ideal team has cultivated an impressive operational approach which has attracted many high quality clients,” says Rob connolly, partner at Plethora. “With the additional resources from this acquisition energizing an already successful business, we are delighted to see this partnership with MW Industries take the business to the next level. “
The combined footprint of the companies will position MW Components to provide the highest quality precision components and custom manufacturing services to a global customer base.
About MW Industries
With more than 30 manufacturing plants around the world, the MW Industries group of companies provide the precision components today’s engineers need to do their best. The company serves more than 19,000 companies in more than 75 countries around the world and in industries as diverse as life sciences, automotive, aerospace, electronics and energy. “We have the uncompromising ambition to deliver exactly what our customers need, exactly when they need it. So whether they want to partner with us to develop a next generation product or need one of our thousands of parts in stock for immediate delivery, we can help. “
About Plethora Entreprises
Plethora Businesses is a merger and acquisition advisory firm specializing in mergers and acquisitions, corporate strategy, valuations and advisory services to mid-market companies. For more information, visit plethorabusinesses.com or call 714-255-8862.
SOURCE Plethora Companies