American Securities has entered into a definitive agreement to sell CPM Holdings and MW Components to Rosebank Industries in a transaction valued at an enterprise value of $3.25 billion, including up to $200 million in potential earnout payments tied to fiscal year 2026 performance targets.
The deal highlights the private equity firm’s long-standing strategy of investing in and scaling market-leading U.S. industrial businesses through operational engagement and strategic acquisitions. American Securities partnered with both companies to accelerate growth, enhance operational performance and expand into higher-margin and higher-growth end markets.
Since acquiring CPM in November 2018, American Securities worked with management to maintain the company’s global leadership in highly engineered process equipment and automation systems while shifting its business mix toward higher-margin, recurring aftermarket revenue. CPM also expanded its footprint in renewable energy markets and strengthened internal systems and talent. Growth was driven by organic performance and eight strategic acquisitions, including Dorssers and Jacobs, both North American aftermarket providers. CPM also launched Monarc, a technology platform designed to enable customers to produce clean label products at scale in a safer manner.
American Securities partnered with MW Components beginning in September 2017. During that period, the company increased its exposure to aerospace and defense, electronics and semiconductor end markets, which grew from 9 percent of aggregate revenue at acquisition to 25 percent at exit. MW Components invested in talent, equipment and technology, including the in-house development of its proprietary SNAP software to streamline quoting. The company also completed nine add-on acquisitions, expanded its manufacturing capabilities and established three operating divisions: Fasteners, Springs and Precision Components.
The transaction is expected to close in the second quarter of 2026, subject to customary closing conditions. Baird, Evercore and Goldman Sachs served as financial advisors, while Weil acted as legal advisor to CPM, MW Components and American Securities. Hunton Andrews Kurth also acted as legal advisor to MW Components.
KEY QUOTES:
“It has been a true privilege to partner with these exceptional management teams. With Dave Webster’s leadership at CPM and Tom Amato’s leadership at MW Components, both businesses have built durable platforms for sustained success. We are confident that CPM and MW Components are well positioned to build on their momentum and pursue their next phase of growth with Rosebank.”
Michael Fisch, Founder & CEO, American Securities
“We are incredibly proud of the growth the CPM management team achieved during our partnership. CPM enhanced its capabilities, developed groundbreaking technology, and expanded into new product categories, geographies, and end markets, all of which position the Company for continued growth.”
Michael Sand, Partner, American Securities
“American Securities has been an outstanding partner. Their deep industrial expertise and active operational engagement enabled us to elevate our customer offering, broaden our capabilities, and further strengthen our organization. We are excited to carry that progress forward as we embark on this new chapter with Rosebank.”
Dave Webster, CEO, CPM
“American Securities has played an instrumental role in MW Components’ evolution. Over the years, American Securities has brought thoughtful guidance and operational rigor to support the company’s key growth and strategic repositioning initiatives. Their partnership has positioned MW Components well for continued success in the years ahead.”
Thomas Amato, CEO, MW Components
