March 31, 2017 - White Wolf Capital, LLC ("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 is a private investment firm that began operations in late 2011 and is focused on management buyouts, recapitalizations and investments in leading middle market companies. In general, White Wolf seeks both mezzanine and private equity investment opportunities in companies that are headquartered in North America with $10 million to $100 million in revenues and up to $10 million in EBITDA. Preferred industries include: manufacturing, business services, information technology, security, aerospace and defense. For further information, please visit: www.whitewolfcapital.com.