Modular Driven Technologies
Westcap MBO Investment LP has acquired Modular Driven Technologies Corp.
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Westcap MBO Investment LP has acquired Modular Driven Technologies Corp. MNP Corporate Finance Inc. was the exclusive financial advisor to Modular Driven Technologies Corp. in structuring and negotiating this transaction.
Transaction Brief
This transaction allowed the shareholders of Modular Driven Technologies Corp. (MDT) to implement their succession strategy while ensuring the continued growth and success of their business.
MDT is an industry leading designer and manufacturer of precision engineered components for the recreational shooting industry, specifically related to the bolt action rifle market. MDT’s brand has grown rapidly in recent years, due to its reputation for industry-leading design, performance enhancing products and exceptional customer service.
Westcap MBO Investment LP is a prominent private equity fund, comprised of high net worth business leaders and institutions, which targets the increasing number of successful small to medium-sized enterprises in Western Canada that are seeking succession planning. Westcap MBO Investment LP is managed by Westcap Mgt. Ltd.