Insights
Benchmark International Successfully Facilitated the Transaction Between Worldwide Technologies, LLC and Quad Capital Partners
July 17, 2024
The seller, Worldwide Technologies, LLC (WWT), was founded in 2006 by Mike Jones and Kenny Whitworth out of a small facility in Franklin, KY. Under Mike and Kenny’s leadership, WWT expanded operations through continued investment in people, cutting-edge new technologies, and an unwavering commitment to customer satisfaction.
WWT is a leading, full-service precision machining manufacturing and fabrication organization with facilities in Franklin and Glasgow, KY. WWT (www.worldwide-technologies.com) has over 100 computer numerical control (CNC) machines, including one-touch robotic, capable of precision machining parts from the beginning to the end of the manufacturing process. The WWT capabilities and operations are supported by advanced automation and a dedicated in-house team of engineers. WWT employs more than 150 people across its two facilities.
Your perfect buyer is out there. Find them today.
The Buyer, Quad Capital Partners, is a privately held investment firm focused on small to mid-size manufacturing companies with a proven track record of financial performance, strong management, and growth potential to enhance their portfolio.
Jason Welch, Co-Founder and Principal at QCP said, “The talented people of Worldwide Technologies are truly a remarkable team. On behalf of the entire QCP family, we are thrilled to continue Mike and Kenny’s mission, building upon the foundation constructed during the past two decades. We sincerely thank the Jones and Wentworth families for their strong commitment to Worldwide Technologies’ employees, customers, and the local community. Together, we welcome the opportunity to enhance those trusted relationships moving forward.”
“We could not be more excited to see two great organizations come together to provide their customers and employees more opportunities. We wish everyone the best in their future endeavors.” – Matthew Kekelis, Senior Director, Benchmark International
Share This Post
Categories
Get These Insights Delivered Directly To Your Email
Explore our curated collection today and stay ahead of the curve in M&A.
Related Posts
Navigating The Path Of A Business Sale: Turning Options Into Informed ChoicesAs a business owner, you've poured your heart and soul into building your company. The day might come when you consider selling your business, but the journey from contemplation to transaction is far from straightforward. One of the most powerful realizations in this process is that while you may be considering multiple avenues for a potential sale until you have offers, these remain options. Until you have a choice to sell, the only real choice you have is to continue running your business just as you did yesterday. However, strategically exploring the market and engaging with various buyer types can transform your myriad options into informed choices.Benchmark International Wins Two Deal Of The Year M&A Atlas AwardsTwo of Benchmark International's transactions have been awarded Private Equity Deal of the Year and Industrial Services Deal of the Year by the Global M&A Network.