Headwaters MB announced today that it advised CP-Carrillo, LLC, a leading manufacturer of critical engine components serving the automotive and aerospace industries, on its sale to Pankl Racing Systems AG.
Utilizing proprietary technology and engineering know-how, CP-Carrillo designs and manufactures high-end pistons and connecting rods, allowing its blue chip OEM customers to streamline component procurement and significantly improve engine performance.
Barry Calvert, CEO & Co-Founder stated, “Peter and the Headwaters Industrial Technology Group were simply awesome. They went the extra mile from start to finish and really simplified the M&A process for me. I am extremely pleased to have worked alongside Headwaters on the most important deal of my life.“
Peter Nam, Managing Director at Headwaters MB, commented, “Barry’s accomplishments are what every entrepreneur dreams of; he has created a world class industrial technology company. It was an honor advising Barry on this transaction and we wish him and his family well.”
About CP-Carillo, LLC
Headquartered in Irvine, California, CP-Carrillo ensures the highest quality by using the latest technology to manufacture its products, including state-of-the-art equipment, proprietary tooling and dedicated cutters. Along with unique fixturing, 3-D printing, CAD modeling and five-axis machining, CP-Carrillo employs a multi-level inspection process that includes an advanced climate-controlled inspection department to guarantee that each piston and rod is second to none. For more information, visit www.cp-carillo.com.
About Pankl Racing Systems AG
Based in Austria, Pankl Racing Systems AG develops, produces and distributes engine systems, drive systems and chassis components for motor racing, high performance cars and aerospace aircrafts and vehicles. In these niche markets, Pankl scores with lightweight components made from high-grade and innovative materials designed to withstand extreme mechanical stress. For more information, visit www.pankl.com.