Generational Equity, a mergers and acquisitions advisor for privately held businesses, sold its client, Midway Machine & Instrument Company, to a private investor. The transaction closed Sept. 29, 2023.
Headquartered in South Houston, TX, Midway Machine & Instrument Company and Midway Machine & Instrument Equipment Leasing (together MMI) is a machine shop that manufacturers precision machined parts for the government, energy, oil and gas, aerospace and medical sectors among many others. In operation for more than 39 years, the company has developed a broad set of capabilities and has completed work on a variety of projects.
The company’s state-of-the-art facility enables MMI to supply customers with the best quality, price and delivery using the latest in CNC equipment. Furthermore, MMI’s operations management system is compliant with the AS9100 Aerospace Standard and ISO 9001 certified. Within its framework, the business, manufacturing and quality processes are designed to maximize production efficiency while maintaining the highest quality standards. The company brings the most modern technology available today in the industry, while providing optimized and innovative manufacturing solutions to serve customers more quickly and cost effectively.
Generational Equity executive managing director of M&A – Central Region, Michael Goss, Tim Cook, a Generational Group Authorized Affiliate, with the support of vice president, M&A Lance Thomasson closed the deal. Executive managing director and group leader, Randy Kamin established the initial relationship with MMI.
