Malone’s CNC Machining acquired by Crosslake, KVCI and CFB

Posted by Matthew Bristow in Corporate Finance, Mergers & Acquisitions

Malone’s (MalonesCNC.com), headquartered in Grove, Oklahoma, manufactures replacement aircraft parts and assemblies for U.S. military aircraft, manufacturing thousands of components and assemblies, shipping the highest volume of government contracts in the state of Oklahoma, with recurring revenue from approximately 400 active contracts year round.

ClearRidge advised the owners of Malone’s on the sale. Crosslake is the principal acquirer, with co-sponsors CFB (CFB.com) and KVCI (KVCI.com).