DALLAS, TX – MultiCam, a CNC cutting solutions manufacturer, was acquired by Rosewood Private Investments. Both companies are based in Dallas.
Rosewood says it will work with MultiCam's current management to grow the business, pursuing acquisitions of complementary businesses. Rosewood funded the acquisition of States Industries in partnership with Renovo Capital in 2010.
"Rosewood brings more to the table than just capital and their team will be able to help MultiCam with strategy, lean manufacturing, and much more," says Kris Hanchette, MultiCam president and CEO.
MultiCam sells its CNC machines worldwide through 60 technology centers, producing computer controlled cutting systems using various technologies, including routing, digital finishing, knife, plasma, waterjet, and laser.
Rosewood Private Investments Rosewood Private Investments is the private equity arm of the Rosewood Corporation, owned by the Caroline Hunt Trust Estate, established in 1935 by oil man H.L. Hunt.
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