Hamilton Robinson Capital Partners Keeps it Rolling with Acquisition of
Skyway Machine Inc.
May 4, 2017 -
Hamilton Robinson's portfolio company, Custom Engineered Wheels (CEW), a leading provider of custom composite wheel solutions, injection molding, and polyurethane tires, has acquired the assets of Skyway Machine, Inc. Skyway, based in Redding, California, is a leading manufacturer of wheels for the bicycle, healthcare and lawn and garden markets, specializing in its brand of composite TuffWheels®.
"This new partnership assures that the love and passion that has gone into growing Skyway TuffWheels® into a world-class brand will only continue to get stronger. We are very excited for what the future holds as CEW continues with Skyway's legacy of quality, dependable, composite wheel solutions and products," stated Skyway's President, Ken Coster.
Brandon Richter, Principal at Hamilton Robinson stated, "We are excited to work with the Skyway team to accelerate their growth trajectory by leveraging CEW's relationships and resources. In addition to the overlap in CEW's traditional end-markets, we are eager to build upon Skyway's capabilities in the bicycle market."
"CEW and Skyway have worked together for many years. The synergies between the two companies will provide greater growth opportunities in the future. The combination of Skyway's TuffWheel® with our X-Core® and Shox® brand offerings will provide our customers a complete top to bottom wheel selection along with new advanced product offerings in the future," added CEW's President & CEO, Jason Peters.
ABOUT CUSTOM ENGINEERED WHEELS
Custom Engineered Wheels Inc. is a world leader in providing quality wheeled products. Based in Warsaw, Indiana, USA, we utilize a combination of extensive engineering knowledge, inimitable manufacturing experience, high grade materials, advanced automation and first class production equipment to provide innovative, non-pneumatic wheeled products to our customers. Customers rely on our consistent performance for outstanding product innovation and quality, exceptional customer service, and world class delivery. Our continual goal is to be the leading producer of durable and value add wheeled products world-wide.
"Custom Engineered Wheels has been synonymous with innovation"
ABOUT HAMILTON ROBINSON
Hamilton Robinson Capital Partners was founded in 1984 to invest directly in small, privately held manufacturing, distribution and service businesses. The firm has maintained its singular focus on this dynamic market to become a valued resource for equity capital and growth strategies for small businesses. Based in Stamford, CT, the firm has completed over $1.3 billion in transactions supporting 50 companies. Investors include leading financial institutions, funds, family offices, and individuals in the United States and Europe.
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