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Spring Maker MW Industries Acquired by Quad-C

Spring Maker MW Industries Acquired by Quad-C

Tuesday, July 29, 2003
 
MW Industries, a maker of springs, fasteners and stamped products based in Logansport, IN, has been acquired by Charlottesville, VA-based Quad-C Partners Management, Inc., a private equity firm. MW had been owned by Harbor Group Industries, and during that eight-year run MW tripled in size, made six acquisitions and became the third-largest American-owned spring manufacturer, according to Daniel Sebastian, MW president and CEO. But he is excited about the new ownership. “This represents a significant step forward for MW,” he said. “Our new partnership will enable us to pursue additional complementary acquisitions, as well as provide us with the capital to support internal development programs.” For more, visit www.mw-ind.com.

 

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