Broadwind Acquires MCM, Expanding Its Precision Manufacturing Platform Within The Power Generation And Critical Infrastructure Market Providing Strategic Entry Into Electrical Transmission And Distribution
Key Highlights
- ➤Broadwind acquired MCM for $18 million plus up to $7 million performance-based earnout
- ➤MCM generated $16.5 million revenue and $3.7 million adjusted EBITDA through June 30, 2026
- ➤MCM’s adjusted EBITDA margin was 23%, above Broadwind’s comparable margin
- ➤Combined pro forma revenue reached $90 million, with adjusted EBITDA of $3.6 million
- ➤Broadwind targets reducing pro forma net leverage to 2.0x or less by year-end 2028
Expert Statements
Eric Blashford, President and CEO of Broadwind
“The acquisition of MCM represents a defining milestone in Broadwind’s transformation into a leading solutions provider to the power generation and critical infrastructure markets”
Eric Blashford, President and CEO of Broadwind
“Over the past several years, we’ve deliberately reshaped our business by divesting non-core assets, exiting underperforming business lines, and strengthening our balance sheet, while accelerating our strategic shift toward higher-value, more durable revenue streams supported by differentiated capabilities, defensible competitive advantages, and compelling long-term growth fundamentals.”
Eric Blashford, President and CEO of Broadwind
“MCM expands our domestic manufacturing capacity and skilled workforce in support of the electrical transmission and distribution market, an industry benefiting from record investment in grid modernization, capacity expansion, hardening, and resilience”
Eric Blashford, President and CEO of Broadwind
“Growing domestic electricity demand from data centers is a key contributor to load growth, reinforcing the need for sustained investment in transmission infrastructure.”
Eric Blashford, President and CEO of Broadwind
“MCM is immediately accretive to Broadwind, adds a higher-margin revenue stream to our portfolio, and enhances the quality of our earnings within our targeted vertical markets”
Eric Blashford, President and CEO of Broadwind
“MCM introduces an entirely complementary customer base, providing meaningful diversification in new markets, while the company’s sole-source and preferred supplier positions underscore the strength of its customer relationships as an incumbent supplier.”
Eric Blashford, President and CEO of Broadwind
“At a strategic level, MCM aligns with the key priorities we’ve outlined in our acquisition strategy, as it provides exposure to attractive end markets, an accretive margin profile, consistent profitability, and a fully domestic operating footprint.”
Eric Blashford, President and CEO of Broadwind
“This acquisition exemplifies the lower-risk, value-creating bolt-on acquisitions we expect to define our growth strategy, over time.”
Wes Jones, Founder and CEO of MCM
“We are excited to join the Broadwind team and begin this next chapter of growth and transformation”
Wes Jones, Founder and CEO of MCM
“Together, we will offer our customers greater scale and expanded capabilities while preserving the differentiated value proposition that has defined MCM for three decades, including a commitment to exceptional quality, deep technical expertise, and responsive, on-demand service.”
Wes Jones, Founder and CEO of MCM
“Broadwind shares our commitment to operational excellence and customer service, and its platform will enable us to serve our customers even more effectively.”
Wes Jones, Founder and CEO of MCM
“I am proud of what our team has built and confident in what we will accomplish together.”
Adds high-growth revenue streams, enhances margin profile and expands capabilities Broadwind to host investor conference call and webcast on Tuesday, November 3, 2026 at 11:00 a.m. ET
CICERO, Ill, Nov. 02, 2026 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN, or the “Company”), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that on October 30, 2026 the Company acquired 100% of the shares of privately held MCM Acquisition Company, Inc. (“MCM”) for a base purchase price of $18 million, in addition to up to a $7 million performance-based earnout, subject to achieving financial milestones within 14 months of the transaction date.
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