Milwaukee, Wisconsin, February 1, 2021 – CIBC Cleary Gull is pleased to announce that its client Jet Edge Waterjet Systems (“Jet Edge” or the “Company”), a portfolio company of Spell Capital Partners, LLC (“Spell Capital”), has been acquired by an affiliate of Stratford-Cambridge Group (“SCG”). CIBC Cleary Gull acted as exclusive financial advisor to Jet Edge in this transaction.
Headquartered in St. Michael, Minnesota, Jet Edge (www.jetedgewaterjets.com) is an established and reputable leader in the premium, heavy duty waterjet cutting segment, offering sophisticated and highly precise 3- and 5-axis systems that reach pressures in excess of 75,000 psi. Jet Edge is one of few providers with in-house capabilities to produce motion systems, pumps, and accessories.