SW Holdings Has Been Acquired by MW Industries

April 24, 2019

Argosy Private Equity (“Argosy”) has sold SW Holdings (“SW Holdings”), a leading precision contract manufacturer, to MW Industries, a portfolio company of American Securities.

Cain Brothers & KeyBanc Capital Markets served as exclusive financial advisor to Argosy and SW Holdings in connection with this transaction.

SW Holdings, the parent holding company for Sussex Wire and Marox, specializes in the design, manufacturing, and distribution of highly-engineered, specialty metal parts and components. The Company performs precision manufacturing of medical, aerospace and industrial components and assemblies using a variety of state-of-the-art computer numerical control (CNC) machining and milling processes, as well as producing micro and miniature components utilizing cold-forming technology. The Company offers complementary tight-tolerance manufacturing technology with operations and quality systems well-suited to address the most demanding applications in the medical device, healthcare and aerospace markets.

Argosy, founded in 1990, is a lower middle market private equity firm based in Wayne, PA, which invests in manufacturing and business services companies through both management and leveraged buy-outs, recapitalizations, growth financings and generational transitions of family owned businesses. Argosy is part of the Argosy Capital investment advisory group.

MW Industries is a leading manufacturer of highly-engineered industrial springs, fasteners, bellows, and related metal components. With over 20 manufacturing locations throughout the U.S., MW Industries caters to various industries, including medical, aerospace, energy, and automotive. SW Holdings represents the third add-on acquisition for MW Industries since being acquired by American Securities in 2017.

For more information, please contact:

Rafe B. Hanahan

Managing Director
(415) 962-2960
rhanahan@cainbrothers.com