Covert Manufacturing, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Covert Manufacturing, Inc. is a provider of precision machined components and assemblies for various industries. With over five decades of experience, the company has built a reputation for delivering high-quality, reliable products and exceptional customer service. From its state-of-the-art manufacturing facility, Covert Mfg serves a diverse customer base, ranging from automotive and aerospace to medical and defense sectors, offering tailored solutions to meet the unique needs of each industry. Product Breakdown: Precision Machined Components: Covert Manufacturing specializes in the production of precision machined components, including complex parts made from a variety of materials such as aluminum, steel, titanium, and plastics. These components are manufactured to exacting tolerances using advanced CNC machining equipment and processes, ensuring superior quality and consistency for critical applications in industries such as automotive, aerospace, and medical devices. Assemblies and Subassemblies: In addition to standalone components, Covert Mfg offers assembly and subassembly services, combining its expertise in precision machining with assembly capabilities to deliver integrated solutions to its customers. These assemblies range from simple mechanical assemblies to complex systems, providing customers with cost-effective and efficient solutions for their manufacturing needs. Prototyping and Engineering Support: Recognizing the importance of innovation and product development, Covert Manufacturing provides prototyping and engineering support services to help customers bring their ideas from concept to reality. Utilizing advanced CAD/CAM software and rapid prototyping technologies, the company collaborates with customers to refine designs, optimize manufacturability, and accelerate time-to-market for new products and projects.
Keywords
Keywords
Classified
Private