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OEP’s MMG acquires Evans Industries and little Enterprises

Momentum Manufacturing Group (MMG), a North American metal manufacturing services provider and portfolio company of One Equity Partners, has acquired two precision machining services providers Evans Industries Inc (Evans) and Little Enterprises, (Little). Terms of the private transactions have not been disclosed.

Founded in 1965Evans produces mission-critical components for the semiconductor and medical end markets. Its capabilities include machining, finishing and complex assembly, with a focus on working with specialty metal alloys. Little, founded in 1994, is a precision machining services provider for critical components in the semiconductor, aerospace and defense, and medical end markets. Little also focuses on specialty metal alloys, and its capabilities include design, inspection, machining, milling, turning, grinding, and welding.

In April 2022, MMG also completed a small, add-on acquisition of Sonic Manufacturing Company, which added custom cabling and electro-mechanical assembly capabilities. Sonic had been a sub-contractor to MMG for nearly three years.

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