Benchmark International Facilitates Acquisition of Worldwide Technologies by Quad Capital Partners

Benchmark International has successfully facilitated the acquisition of Worldwide Technologies, LLC (WWT) by Quad Capital Partners (QCP). Established in 2006 by Mike Jones and Kenny Whitworth, WWT has grown from a small facility in Franklin, KY, into a leading full-service precision machining and fabrication organization with over 150 employees and facilities in both Franklin and Glasgow, KY.

WWT boasts over 100 computer numerical control (CNC) machines, including state-of-the-art one-touch robotic systems, capable of precision machining parts from start to finish. The company has continued to invest in both technology and human resources, ensuring a strong commitment to customer satisfaction. Its capabilities are bolstered by advanced automation and a dedicated team of in-house engineers.

Quad Capital Partners, the acquiring firm, is a privately held investment company that focuses on small to mid-size manufacturing firms demonstrating strong financial performance, effective management, and substantial growth potential. Jason Welch, Co-Founder and Principal at QCP, expressed enthusiasm about the acquisition, highlighting the exceptional talent within WWT and the opportunity to build upon the foundation laid by the Jones and Whitworth families over the past two decades.

Welch stated, “The talented people of Worldwide Technologies are truly a remarkable team. On behalf of the entire QCP family, we are thrilled to continue Mike and Kenny’s mission, building upon the foundation constructed during the past two decades. We sincerely thank the Jones and Wentworth families for their strong commitment to Worldwide Technologies’ employees, customers, and the local community. Together, we welcome the opportunity to enhance those trusted relationships moving forward.”

Matthew Kekelis, Senior Director at Benchmark International, also shared his excitement about the merger, noting that the union of these two organizations will provide more opportunities for both customers and employees. “We could not be more excited to see two great organizations come together to provide their customers and employees more opportunities. We wish everyone the best in their future endeavors,” Kekelis said.

WWT’s acquisition by QCP signifies a new chapter for the company, promising continued growth and innovation in the precision machining and fabrication sector. This transaction reflects the ongoing trend of consolidation in the manufacturing industry, driven by investment firms seeking to capitalize on the growth potential of established companies with robust operational frameworks.

For industry observers and stakeholders, this acquisition underscores the importance of strategic investments in technology and human capital, which have been pivotal to WWT’s success. As QCP takes the reins, the focus will likely remain on leveraging these strengths to drive further growth and maintain the high standards that WWT’s clients have come to expect.