CapitalWorks Private Equity Firm Cleveland Ohio

CapitalWorks Announces Acquisition of Magna-Tech Manufacturing

Magna-Logo-HI-ResCapitalWorks, LLC and its affiliate fund, Short Vincent Partners II, are pleased to announce the acquisition of Magna-Tech Manufacturing.  Magna-Tech  is the largest independent provider of vacuum impregnation sealing solutions in North America for both cast metal and electronic components.  The Company also offers metal machining, leak testing, chromating, cleaning, shot blasting, sub assembly, thermal deburring and sorting services.  Its customers primarily produce components for the automotive, railcar, pleasure boat, electric motor, electronic module and wire/cable industries.  Magna-Tech is headquartered in Muncie, Indiana.

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