Redfish Acquires 80% of Metal Finishing System in Pennsylvania for $1.85 Million
RedFish LongTerm Capital has entered into a binding agreement to acquire 80% of Metal Finishing System (MFS) for $1.85 million. The transaction will be executed through Six USA, a subsidiary of Movinter. Founder Earle Bare will retain a 20% stake and continue as CEO. MFS reported $3 million in revenue and $0.3 million in EBITDA for 2025. The deal is part of a strategy to enhance presence in the Aerospace, Rail & Navy sectors, with closing expected in May 2026, conditional on due diligence and specific KPIs.
Theia Market Signal Identification - AI Assisted
RedFish LongTerm Capital (RFLTC) has signed an agreement to acquire 80% of Metal Finishing System (MFS) for $1.85 million, with the transaction conducted through Six USA, 75% owned by Movinter. Earle Bare, MFS's founder, will retain 20% ownership and continue as CEO.
MFS employs 22 people and reported $3 million in revenue and $0.3 million in EBITDA for 2025. The acquisition aims to strengthen RFLTC's position in the Aerospace, Rail & Navy markets. The closing is expected by May 2026, subject to due diligence and achieving specific KPIs by March 31, 2026.
Comments