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Silver Point Backs Altair Industries in Central Wire Acquisition

Altair Industries finalized its acquisition of Central Wire Industries on August 4, 2026, securing financing led by Silver Point Capital. The deal marks one of the first major investments from Altair’s inaugural fund, targeting a manufacturer deeply embedded in aerospace, defense, and industrial supply chains.

Silver Point Backs Altair Industries in Central Wire Acquisition

Central Wire Industries, a manufacturer established in 1955, produces specialty wire and engineered components including stainless steel and nickel alloys. With a footprint spanning the United States, Canada, and Europe, the firm provides mission-critical parts for the medical, energy, and aerospace sectors.

Anthony DiNello, head of direct lending at Silver Point, stated the firm is positioned to support CWI through its next growth phase. Altair Industries, a private equity firm formed in 2025 by David Waxman and Michael Livanos, focuses on scaling middle-market industrial platforms. Silver Point, which oversees $50 billion in assets, utilized its direct lending arm to structure the financing package for this transition.

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