Colfax Creek Capital Acquires GLE Precision, LLC

Hyperion Materials & Technologies Acquires GLE Precision

September 9, 2021

Manufacturing

Hyperion Materials & Technologies has acquired GLE Precision, a Michigan-based precision manufacturer specializing in extreme tolerances, tungsten carbide and ceramic grinding, and custom small parts. The acquisition expands Hyperion's precision machining and extreme-tolerance capabilities to better serve end markets including semiconductor, fiber optics, medical and aerospace.

Colfax Creek Capital Acquires Traverse City Products

March 10, 2020

Manufacturing

Birmingham, Michigan-based Colfax Creek Capital, in partnership with management and with mezzanine/equity support from Charter Growth Capital Fund (CGCF), acquired Traverse City Products (TCP) from its founders. The transaction closed March 10, 2020 and enabled the current owners to fully exit while leaving management in place to continue operations and pursue diversification and growth.

Trive Capital Acquires AceCo Precision Manufacturing (Graycliff Provides Unitranche Financing)

March 10, 2020

Manufacturing

Dallas-based private equity firm Trive Capital acquired AceCo Precision Manufacturing, a Boise-based precision machining company serving the semiconductor and display end markets. Graycliff Partners provided a unitranche debt financing package to support the acquisition.

Colfax Creek Capital Acquires Dial Tool Industries

January 6, 2023

Manufacturing

Colfax Creek Capital, in partnership with company management, has acquired Dial Tool Industries from the founding Pagliuzza family. Dial Tool, based in Addison, Illinois, is a full-service manufacturer specializing in metal stampings, injection and insert molding, and assembly; the deal supports founder succession and continuity under new ownership.

Cotton Creek Capital Partners with Precision Inspection Services

February 10, 2025

Industrial Services

Cotton Creek Capital has acquired a majority stake in Precision Inspection Services, a Geismar, Louisiana-based provider of non-destructive examination, weld testing and post-weld heat treat services to the chemical and petrochemical industries across the U.S. Gulf Coast. Precision's founders, A.J. Smith and Chris Petitto, will continue to lead the company and remain significant shareholders as Cotton Creek looks to support geographic and capability expansion.

Mill City Capital Acquires HN Precision Company

January 26, 2018

Manufacturing

Mill City Capital has acquired HN Precision Company, a precision machining manufacturer headquartered in Lake Bluff, Illinois, from Cerberus Business Finance. HN Precision operates over 175 CNC machines and employs approximately 240 people serving end markets including heavy truck, off-highway vehicles, recreational firearms and rail; Mill City plans to grow the business as a platform and expand its manufacturing capabilities.