Capital For Business has sold Detroit Tool Metal Products to Wynnchurch Capital
Lincoln International, a leading global mid-market investment bank, today announced that Detroit Tool Metal Products Co. (“DTMP”) has been sold to Wynnchurch Capital. DTMP was formerly held by Capital for Business, Inc. and a group of shareholders including MidStates Capital, Diamond States Ventures, Kansas Venture Capital, MorAmerica Capital Corp., Invest Northwest and North Dakota Small Business Investment.
Based in Lebanon, Missouri, DTMP is a full-service manufacturer of thin and thick gauge precision metal stampings, fabricated components and value added assemblies, partnering with global equipment OEMs to serve agriculture, construction and heavy duty truck applications. For decades, customers have relied upon DTMP’s technical acumen and broad range of product capabilities in sourcing essential metal components for leading mobile equipment programs.
Lincoln International acted as the exclusive financial advisor to DTMP and its shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.
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