Accu-Tube Corporation has been acquired by Washington Equity Partners
Washington Equity Partners L.L.C. (“Washington Equity”) has acquired Accu-Tube Corporation (“Accu-Tube”), an Englewood, Colorado-based producer of highly-engineered small-diameter stainless steel tubing. EdgePoint served as the exclusive financial advisor to Accu-Tube. Terms of the transaction were not disclosed.
Founded in 1973, Accu-Tube (http://www.accutube.com/) primarily manufactures products for the medical industry with additional industrial customers in aerospace and automotive markets. Products are sold across North America with some distribution internationally. Accu-Tube’s products feature medical-grade specifications, and are highly valued by customers for quality, tight tolerances, strength, and finishing.
Washington Equity Partners is a sector-focused private equity firm that makes control equity investments in established lower middle market businesses with strong prospects for rapid organic and acquisition-driven growth. The firm is headquartered in McLean, VA and is focused on investing in: Aerospace, Defense, and Government Contracting, Industrial and Advanced Manufacturing, and Software and Technology.
EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.