Elkhart, IN — Dec. 18, 2017: Wait Industries, LLC, a private capital investment vehicle focused on the manufacturing space, announced the acquisition of Voyager Acquisitions, LLC. Wait Industries’ 100 percent buyout of the new portfolio company was completed on Dec. 15. Terms of the transaction were not disclosed.
Based in Elkhart, IN, Voyager was founded more than 40 years ago and specializes in high-quality steel fabrication. The company provides parts to many sectors, including medical, RV, automotive and furniture while serving clients nationwide. Voyager also has expertise in laser cutting, welding, metal forming, stamping and powder coating.
“Voyager offers significant complimentary capabilities to our other metal fabrication business, M-3 & Associates. Also, Voyager adds breadth and depth to our product expertise as well as our customer base,” says Doug Wait, president of Wait Industries. “We are particularly excited about Voyager’s workforce. They have a great culture of teamwork and the Voyager associates are looking forward to helping Wait Industries grow.”
All of Voyager’s employees will retain their jobs and the company will continue to work out of its Elkhart location.
The Voyager transaction represents the second transaction for Wait Industries since its initial deal for M-3 & Associates was announced in July. M-3 & Associates supplies a variety of metal fabrications that include a complete line of galvanized HVAC products, ramp door spring systems, powder-coated steel bunk bed ladders and generator compartment enclosures, among many other products.
Combined, Voyager and M-3 will continue to provide high-quality products, competitive pricing and on time delivery to the region’s growing need for metal fabrication, ensuring both companies will be a supplier of choice.
ABOUT VOYAGER ACQUISITIONS, LLC
Founded in 1975, Voyager Acquisitions, LLC specializes in producing an array of high-quality steel fabricated parts that serve the medical, correctional and automotive sectors. The company focuses on metal forming, tube bending powder coating. The company is based in Elkhart, IN.
ABOUT WAIT INDUSTRIES, LLC
Wait Industries, LLC was founded in 2017 for the purpose of acquiring manufacturing assets. Based in Granger, IN, the company is led by Doug Wait.