Gainline Capital Partners Expands Portfolio with M&M International Acquisition

Gainline Capital Partners, a prominent private equity firm, has recently announced its acquisition of M&M International, a recognized leader in the manufacturing of precision-engineered stainless steel tubing predominantly used in the medical device sector. Founded in 1993 and headquartered in South Plainfield, New Jersey, M&M has established a solid reputation over its thirty-year history for delivering high-quality products in the industry.

Strategic Growth and Leadership

With this acquisition, Gainline Capital aims to enhance M&M’s operational capabilities and expand its market reach. Allan Weinstein, Managing Partner at Gainline, expressed excitement regarding this acquisition, stating, "We are eager to build on MM's impressive history of customer service and high product quality."

In a significant move following the acquisition, Gainline appointed Jeff Robertson, a seasoned executive with extensive experience in medical device manufacturing, as the new Chief Executive Officer of M&M. Robertson previously held the position of Chief Operating Officer at Solesis. Along with him, Ed Graf has been appointed Chief Financial Officer, and Chris Pleibel will serve as Chief Commercial Officer.

"The combination of Jeff, Ed, and Chris's skills and experiences promises a fruitful future for M&M," said Rob Dellinger, Principal at Gainline.

Innovative Product Offerings

M&M International specializes in the production of 304 and 316-grade stainless steel small-diameter tubing, essential for a variety of medical devices and other precision applications. Recently, the company has also launched a new product line that includes 17-7 stainless steel tubing, thereby enhancing its offerings and reinforcing its competitive position in the market.

Robertson emphasized that the introduction of 17-7 stainless steel tubing furthers their mission to deliver tailored solutions that meet the dynamic needs of their customers. This initiative exemplifies M&M's commitment to innovate and adapt to evolving industry standards, ensuring they remain a valuable partner for mission-critical applications in the medical device field.

Gainline’s Broader Vision

The acquisition of M&M International comes during a dynamic period of growth for Gainline Capital, which is actively deploying its second fund. Notably, just before acquiring M&M, Gainline had announced a majority investment in IMS Technologies, a leading audiovisual and systems integration firm based in Pennsylvania. This strategy indicates Gainline's broader vision of investing in innovative, growth-oriented companies, particularly within established middle-market industries.

Overall, the acquisition signals a new chapter for M&M International and highlights Gainline Capital's ongoing commitment to partnering with companies poised for expansion and success in niche markets. For more information about Gainline Capital and M&M International, visit their respective websites: Gainline Capital and M&M International.