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Monomoy Capital Partners Sells ContMid Holdings, Inc. to the Agrati Group
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2016-09-12

Monomoy Capital Partners (“Monomoy”), a leading private equity fund focused on value investing and business improvement in middle market companies, announced that it has completed the sale of ContMid Holdings, Inc. (“ContMid or “CMG”) to an Italian competitor, A.Agrati, S.p.A., for an undisclosed amount. The CMG sale is expected to produce up to a 4x return on investment for Monomoy and its investors. CMG is a market leader in the design, manufacturing and distribution of custom-engineered metal fasteners to automotive companies, Tier I automotive suppliers and industrial manufacturers. The company produces internally- and externally-threaded nuts and bolts, screws and related products for vehicle systems, including restraint systems, airbags, door hardware, and ride control systems. CMG is the leading provider of Taptite® products, Torx® products and wheel nuts in North America. The company is headquartered in Park Forest, Illinois and operates six manufacturing facilities throughout the Midwest.

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