MML Capital Partners successfully exits ATA Group
MML Capital Partners Fund V has successfully exited its investment in ATA Group, the leading manufacturer of tungsten carbide burs, abrasives and pneumatic air-tools.
ATA Group completes acquisition
MML Capital Partners LLP are pleased to announce that the ATA Group has completed the acquisition from Kennametal of ATI Garryson, a UK manufacturer of tungsten carbide burs and abrasives. This is the second major acquisition for ATA following the successful acquisition and integration of SGS Burs which was funded by MML’s original investment into the business in December 2012.
MML backs ATA Group
MML has continued the strong start to its 25th aniversary year with a €17.3m investment into Irish based ATA Group to fund the transatlantic acquisition of the US based SGS Tools’ Bur business.