MCM acquires EBI

MCM Capital Partners has acquired EB Industries LLC, a provider of precision manufacturing and engineering services.

MCM Capital Partners has acquired EB Industries LLC, a provider of precision manufacturing and engineering services. No financial terms were disclosed. Capstone Headwaters advised EBI on the deal.

PRESS RELEASE

Chicago, IL – Capstone Headwaters, a leading international investment banking firm, advised EB Industries, LLC (“EBI”) on its acquisition by MCM Capital Partners (“MCM”). Terms of the deal were not disclosed.

EBI provides highly specialized outsourced precision manufacturing and engineering services related to complex critical components. It is one of the leading domestic providers of electron beam and laser welding services and supports sectors including aerospace & defense, medical device, semiconductor and energy industries that require the upmost in weld integrity and reliability. Over the past 50+ years, EBI has developed a best in class reputation for its quick turnaround/prototype capabilities, exceptional high energy welding services, and ability to develop welding solutions for complex precision components. Based in Farmingdale, New York, the Company also provides additional value-added services such as 3D laser cutting, engineering, tool design and fabrication, destructive and non-destructive testing, and supply chain management.

Steve DeLalio, owner and CEO of EBI commented, “After a thorough vetting of all the firms and offers made for the business, I decided to partner with MCM Capital. They successfully demonstrated that they were clearly the best partners to satisfy all the goals I wanted to achieve when I started on this journey. Being a longstanding employee of a family owned business, it was a life changing and emotional decision to give up equity and control by selling to a private equity firm. I couldn’t imagine going through this process without the expertise and guidance of my investment banking advisors at Capstone Headwaters. They were extremely thorough as they clearly and concisely laid out the options in front of me. Without their commitment to keeping this process moving and getting over the goal line, I am confident the deal would not have closed, and I thank them for keeping me focused and grounded. Congrats to Team Capstone as well.”

Managing Director Ted Polk noted, “It was a true pleasure to represent Steve DeLalio. He runs a top-notch business and it was no surprise to us that such strong interest was expressed in EBI. Co-lead Eric Williams shared a similar perspective. “Many business owners would benefit from mentoring by Steve. His approach to customer service is world class. EBI has multi-decade client relationships and is a sought-after resource for aerospace & defense assemblies as well as medical device and surgical instrument manufacturers that have exacting demands for precision, reliability, and weld strength.”

ABOUT CAPSTONE HEADWATERS
Capstone Headwaters is one of the largest and most active independent investment banking firms in the United States. The firm has a rich 17+ year history of achieving extraordinary results for middle market entrepreneurs, business owners, investors, and creditors. CSHW offers a fully integrated suite of corporate finance services, including merger & acquisition, debt & equity private placement, corporate restructuring, valuation & fairness opinion, and financial advisory services. Headquartered in Boston and Denver, Capstone Headwaters has over 170 professionals across 17 offices in the U.S. and an international presence that includes over 450 professionals in 40 countries. With 16 dedicated industry groups, the firm delivers sector-specific expertise through large, cross-functional teams on a global basis. For more information, visit www.capstoneheadwaters.com.