Financial Advisor
Central Moloney
M&A Advisory
Has Been Acquired By
Transaction Details
- Wind Point Partners (“Wind Point”), a Chicago-based private equity firm, announced on October 27, 2023 that it has partnered with Central Moloney (“CMI”), a leading manufacturer of critical infrastructure products for the U.S. electrical grid.
- Wind Point is partnering with CMI management, led by CEO Chris Hart. Under Mr. Hart’s leadership, CMI has experienced substantial growth by strategically implementing organic expansion initiatives and prioritizing exceptional customer service during a period of heightened demand for electrification.
- Through a series of acquisitions and divestitures, CMI was established in 1994 and converted to an Employee Stock Ownership Plan (“ESOP”) in 1998.
About the company
Central Moloney
Central Moloney is a leading manufacturer of distribution transformers and transformer components to the United States utilities market. CMI has five facilities in Arkansas and a sixth in Panama City Beach. Since becoming Central Moloney in 1994, CMI has primarily grown organically and has over 500 employees.
Wind Point Partners
Wind Point Partners is a Chicago-based private equity investment firm with approximately $6 billion in assets under management. The firm focuses on partnering with top caliber management teams to acquire well-positioned middle market businesses where it can establish a clear path to value creation. Founded in 1984, Wind Point is one of the oldest private equity firms in Chicago and an early adopter in developing a partnership model to align with top operating talent in private equity investments.
Sources: Press Release.
-
This material has been prepared solely for informative purposes as of its date of preparation. It is not a solicitation, recommendation or offer to buy or sell any security and does not provide information on which an investment decision to purchase or sell any securities could be based. It does not purport to be a complete description of the securities, markets or developments referred to in the material. Information included in the material was obtained from sources that we consider reliable, but we have not independently verified such information and do not guarantee that it is accurate or complete. No subsequent publication or distribution of this material shall mean or imply that any such information remains current at any time after the date of preparation of the material. We do not undertake to advise you of any changes in any such information or opinion. Additional information is available upon request.
"Stephens” (the company brand name) is a leading family-owned investment firm that includes Stephens Inc. (member NYSE/SIPC), Stephens Investment Management Group, LLC, Stephens Insurance, LLC, Stephens Capital Partners LLC and Stephens Europe Limited (Registered office: 12 Arthur Street, London, EC4R 9AB, Registered number 8817024), which is authorised and regulated by the Financial Conduct Authority. © 2023 Stephens.
For a printable version of this announcement, click here.