Rick Swoboda, President of MTM, said, "G&V Machine Company represents a great investment opportunity for MTM. We see many avenues for continued growth, including sharing best practices and industry knowledge. The company has done a great job of delivering quality and innovative products. The management team has rich experience in this industry, and we look forward to working with them on a number of growth initiatives."

BLACKLINE INC has an Investment Rating of HOLD; a target price of $57.000000; an Industry Subrating of High; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Low.

BLACKLINE INC has an Investment Rating of HOLD; a target price of $54.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

"After running a competitive process, MTM emerged as the most credible buyer," said Chris Griswold, former shareholder of G&V Machine Company. "They demonstrated a strong understanding of the industry and recognized G&V's untapped capabilities and ability to grow with its customers. I have been machining parts for decades and now I am excited to watch the continued success of both companies."

We are experiencing some temporary issues. The market data on this page is currently delayed. Please bear with us as we address this and restore your personalized lists.

BLACKLINE INC has an Investment Rating of HOLD; a target price of $53.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

Midwest Growth Partners' portfolio company Manitowoc Tool & Machining, LLC (MTM) has completed the acquisition of G&V Machine Company. MTM was acquired in 2022 in partnership with Summit Equity Group, NewSpring Mezzanine and company management.

Gross Publications, Inc. 1133 Airline Drive, Suite 2100 Grapevine, Texas 76051 USA Phone: 817-488-8488 Fax: 817-488-7813 Email: info@mfgnewsweb.com ©  Gross Publications, Inc. Follow us online:

Based in Ixonia, WI, G&V is a full-service, ISO 9001:2015 certified production CNC machining company. Started in 1946, G&V provides machining needs for the construction, agriculture, off-road, highway trucking, forestry, mining and other OEM industries. G&V produces a wide variety of parts, such as gearboxes, pulleys, axles, manifolds, brackets, housings and other technically complex parts. The company ships products worldwide throughout North and South America and Europe. Chris Griswold, Julie Gottschalk and Sue Griswold will remain on during the transition to ensure a smooth integration.

BLACKLINE INC has an Investment Rating of SELL; a target price of $44.000000; an Industry Subrating of High; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Low.

BlackLine, Inc. provides cloud-based solutions to automate and streamline accounting and finance operations worldwide. It offers financial close management solutions, such as account reconciliations that provides a centralized workspace for users to collaborate on account reconciliations; transaction matching that analyzes and reconciles individual transactions; task management to create and manage processes and task lists; and financial reporting analytics that enables analysis and validation of financial data. The company's also provides journal entry that allows users to generate, review, and post manual journal entries; variance analysis that monitors and identifies anomalous fluctuations in balance sheet and income statement account balances; consolidation integrity manager that manages the automated system-to-system tie-out process; compliance, an integrated solution that facilitates compliance-related initiatives, consolidates project management, and provides visibility over control self-assessments and testing; and smart close for SAP solution. In addition, it offers blackline cash application, and credit and risk, collections, disputes and deductions, and team and task management, as well as AR intelligence solutions and electronic invoicing and compliance. Further, the company provides intercompany create functionality that stores permissions and business logic exceptions by entity, service, and transaction type; intercompany balance and resolve, which records an organization's intercompany transactions; and netting and settlement that enables open intercompany transactions, which integrate with treasury systems. The company sells its solutions primarily through direct sales force to multinational corporations, large domestic enterprises, and mid-market companies across various industries. BlackLine, Inc. was incorporated in 2001 and is headquartered in Woodland Hills, California.

Manufacturing NewsTM is a monthly metalworking manufacturing publication that informs over 85,000 monthly readers of manufacturing solutions and new technology and the application of that technology in precision machining, production machining, fabricating of metals and composite materials. We welcome news releases that fit our editorial profile. The manufacturing we write about is the machining or fabricating that results in the creation of components, i.e., the manufacturing of discrete parts.

MTM was established in 1965, has 240 employees and operates 134 machine tools in a 261,000 sq. ft. facility located in Manitowoc, WI.