Salt Creek Capital Acquires Cotta Transmission Company, LLC
Jan. 19, 2023
Beloit, Wisconsin (January 19, 2023) – Salt Creek Capital is pleased to announce the acquisition of Cotta Transmission Company, LLC (“Cotta”), a leading designer and manufacturer of highly durable, tight tolerance gearboxes and transmissions. Founded in 1906 and headquartered in Beloit, Wisconsin, Cotta designs and manufactures high-speed transmissions, transfer cases, fan drives, rail products, speed reducers/increasers, pump drives, and custom gearboxes for customers in a wide variety of end markets.
Alex Kummant, incoming CEO, stated, “Partnering with Salt Creek will allow Cotta to continue delivering outstanding service while also pursuing multiple growth opportunities with existing and new customers. We are very excited about the future of Cotta and believe our customers and employees will benefit greatly from this transaction."
Seb Cervinka, Salt Creek Managing Director, added, "Cotta is a terrific addition to our portfolio of niche businesses that are benefiting from the resurgence of domestic manufacturing driven by sustained reshoring trends. Our partnership with Cotta is a continuation of Salt Creek’s experience in the manufacturing sector, which includes investments in Endural (transportation cases), Diamond Nets (netting products), Griplock (cable suspension hardware), and Garrison (hydraulic cylinders). We look forward to working alongside Alex and the entire Cotta team to support the business in its next phase of growth.”
About Cotta Transmission Company, LLC
Headquartered in Beloit, WI, Cotta (www.cotta.com) designs and manufacturers highly durable, tight tolerance gearboxes and transmissions for use in niche applications. The Company has a 100-year reputation for providing high-quality, high-speed transmissions, transfer cases/PTOs, fan drives, rail products, speed reducers and increasers, pump drivers, and customer gearboxes for customers in the water well drilling, specialty truck, mining, industrial, and oil field service end markets. The Company differentiates itself from competition by offering highly engineered products for low-volume production applications to niche end-markets.
About Salt Creek Capital
Salt Creek Capital is a San Francisco Bay Area-based private equity firm that partners with experienced operating executives to acquire profitable companies with $5 million - $150 million in revenue. Salt Creek Capital takes a long-term approach to investing in lower middle market businesses and seeks to create value by working closely with management teams to accelerate growth and improve operating efficiencies. For more information, please contact Seb Cervinka at email@example.com or visit www.saltcreekcap.com.