St. Louis, MO, March, 2016
Capital For Business, Inc.® (CFB) announced that it recently completed the acquisition of Akron, Ohio based Delco Corporation (“Delco”). Delco is a provider of contract machining, mold building, and tool manufacturing services. Delco specializes in the production of compression, injection, transfer, multi-stack, and rapid heat/cooling molds. Industries served include aerospace, defense, automotive, and energy with customers such as Honeywell, Siemens, Honda, Pratt &Whitney, Lockheed-Martin, Markham Machine, and Centrex.
CFB partnered with Kansas Venture Capital, Inc. (Leawood, KS), MidStates Capital L.P. (Overland Park, KS) along with the Delco management team to complete this transaction.