Broadwind Acquires MCM for $18 Million Plus Up to $7 Million in Contingent Payments
Broadwind acquired MCM for $18M, with up to $7M more tied to performance. The company paid $21.5M at closing, including $3.5M in escrow. Broadwind also amended its Wells Fargo credit agreement, securing additional loan advances and extending the facility's maturity to 2028. The acquisition aims to expand its precision manufacturing capabilities in power generation and critical infrastructure markets.




