Wynnchurch Capital announced the sale of Ironform Holdings Co. to a strategic buyer, marking the culmination of a multi-year operational transformation and growth strategy for one of North America’s largest metal fabrication companies.
Headquartered in Chicago, Illinois, Ironform supplies light, medium, and heavy gauge precision metal stampings, fabricated components, and value-added assemblies to customers across the agriculture, construction, off-highway, bus, and industrial sectors. The company also operates facilities in Texas, Washington, Virginia, and Missouri.
According to the announcement, the transaction reflects the value created through Wynnchurch Capital’s operational and commercial initiatives implemented during its ownership period. The firm said those efforts helped position Ironform as a leading heavy-equipment metal-fabrication platform with strong delivery and quality capabilities.
Ballard Spahr LLP served as legal advisor to Wynnchurch Capital in connection with the transaction.
Wynnchurch Capital, founded in 1999 and headquartered in Rosemont, Illinois, is a middle-market private equity investment firm focused on partnering with companies in the United States and Canada that have significant growth and profit improvement potential.
KEY QUOTES:
“We are thankful to the Ironform team for their hard work and partnership over the years. During our partnership, we implemented numerous operational and commercial initiatives that helped transform Ironform into a leading heavy equipment metal fabrication platform. Ironform is a leader in the market with best-in-class delivery and quality, and we are proud of the team’s accomplishments.”
John Hatherly, Managing Partner At Wynnchurch Capital
