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Trm Equity Acquires Wellman Dynamics

PRIVATEAug 03, 2022

Acquiring Company

TRM Labs

Acquired Company

Wellman Dynamics

San FranciscoInformation TechnologySoftware

Description

TRM Equity II ("TRM"), the Michigan based private equity fund, has acquired all of the equity of WDC Acquisition LLC, known by its trade name Wellman Dynamics ("Wellman"). The Company, located in Creston, Iowa, is an aerospace supplier known for manufacturing large scale, complex magnesium and aluminum castings for the defense and commercial aerospace markets. The sale closed July 29th, 2022. Wellman has been around for 100 years and has been a long-standing member of the Creston, Iowa community since 1965. Approximately 350 people are employed at Wellman.

Company Information

Company

TRM Labs

Location

San Francisco, California, United States

About

TRM Labs is a blockchain intelligence company that helps financial institutions, crypto businesses, and government agencies detect and investigate crypto-related financial crime and fraud. Every day, we tackle challenges in data engineering, data science, and threat intelligence to advance our mission to build a safer financial system for billions of people.

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Frequently asked

Who acquired Wellman Dynamics?

Wellman Dynamics was acquired by TRM Labs, based in San Francisco. The deal was reported on August 3, 2022. TRM Labs is a blockchain intelligence company that helps financial institutions, crypto businesses, and government agencies detect and investigate crypto-related financial crime and fraud. TRM Labs is privately held and operates in Information Technology.

When did TRM Labs acquire Wellman Dynamics?

TRM Labs's acquisition of Wellman Dynamics was reported on August 3, 2022. TRM Equity II ("TRM"), the Michigan based private equity fund, has acquired all of the equity of WDC Acquisition LLC, known by its trade name Wellman Dynamics ("Wellman"). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Wellman Dynamics do?

Wellman Dynamics is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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