Rift Valley Equity Partners has acquired the assets of forged components manufacturer MW Crow (DBA W. Pat Crow Forgings) through Crow Precision Components, an affiliated company.
Crow Precision Components is a manufacturer of forged components used by companies operating in the aerospace, defense, industrial, oil & gas and power generation sectors. The company was founded in 1951 and is headquartered Fort Worth, TX (www.crowcomponents.com).
“We are excited to partner with Cesar Garza and the rest of the management team at Crow,” said David Caputo, Managing Partner of Rift Valley. “We believe Crow’s specialized expertise, responsiveness and best-in-class custom production capabilities provide a unique value proposition to its customers. We look forward to continuing to deliver the highest level of service while expanding our capabilities and building a leading company within the precision components industry.”
Rift Valley is focused on supporting Crow for the long term including making additional investments to grow and enhance the company’s capabilities and product offering.
“Rift Valley is the ideal partner for Crow,” said Mr. Garza. “They bring both capital resources and a passion for building market-leading companies. Rift Valley shares our commitment to delivering the highest quality products together with an equally high level of service, and we will benefit immensely from Rift Valley’s resources.”
Rift Valley makes control investments in North American based companies that have up to $150 million of revenue and $5 million to $15 million of EBITDA. Sectors of interest include consumer products & services; retail; and industrial products & services. Rift Valley was founded by David Caputo and has offices in New York and Toronto (www.riftvalleyequity.com).
2014 PEPD • Private Equity’s Leading News Magazine • 10-1-14
