March 31, 2017 - White Wolf Capital ("White Wolf") partnered with the management of Technicut Tool, Inc. (“Technicut”) in connection with a C$ 1.6 million balance sheet restructuring.
The follow-on investment and capital increase will help reduce overall debt, expedite diversification efforts and also provide additional liquidity to capitalize on growth opportunities.
Technicut is a manufacturer of high-precision, machined metal components, primarily used in the oil & gas industry. Technicut is located in Windsor, Canada. For further information, please visit: www.technicuttool.com.
White Wolf Capital is a private investment firm that began operations in late 2011 and is focused on making both direct and indirect investments in leading middle market companies located in North America.
On the direct side, White Wolf Capital seeks both private equity as well as private credit investment opportunities in companies with $20 million to $200 million in revenues and up to $20 million in EBITDA. Typical situations include, management buyouts leveraged buyouts, recapitalizations and investments for growth. Preferred industries include manufacturing, business services, government services, information technology, security, aerospace and defense.
In addition to making direct investments in operating companies, White Wolf Capital also looks to invest with other private fund managers as a limited partner. Targeted investment candidates are North American focused private credit funds looking to raise $50 million to $500 million in assets under management, with a focus on the lower-middle and middle-market. For further information, please visit: www.whitewolfcapital.com.