March 8, 2023
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Ace-Tex Enterprises by Crown Capital Investments.
Ace-Tex Enterprises, established in 1946 and headquartered in Detroit, Michigan is a manufacturer and distributor of wiping cloths, static reducing wipers, lint free wipers, tack cloths, cheese cloths, mill ends, remnants, apparel and disposable paper products. Some of the firm’s top customers include Fortune 500 automotive companies.
Crown Capital Investments (CCI), based in Atlanta, Georgia is a private equity investment firm that acquires and optimizes tenured businesses typically in the industrials, infrastructure, value-added distribution, specialty manufacturing and brand management sectors. Crown Capital is committed to growing great businesses that transform communities with economic opportunity. Through long-term collaborative partnerships, CCI provides the active support and resources to help businesses increase value and facilitate growth to reach their full potential using a proven, results-based approach.
Woodbridge International’s ground-breaking approach to marketing a company globally has transformed the way the sell-side M&A industry does business.