Capital For Business has acquired Delco Corporation (“Delco”), the Akron, Ohio-based provider of precision machining and mold building services. EdgePoint served as the exclusive financial advisor to Delco. Terms of the transaction were not disclosed.
For over 40 years, Delco has provided tight tolerance precision machining, custom and production machining, and sophisticated mold building services to customers in a variety of industries. Founded in 1971, Delco has successfully leveraged technical expertise, consistent quality, and reliable product delivery to become a critical service partner to a diverse base of marquee customers in the energy, defense, and aerospace industries.
Headquartered in St. Louis, Missouri, Capital For Business is a national private investment firm focused on providing capital to middle-market businesses with proven management teams and a high potential for growth.
EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.