Hyperion Materials & Technologies Acquires Dura-Metal Products Corporation

Hyperion Materials & Technologies Acquires Damen Carbide Tool Co. Operations

July 29, 2024

Manufacturing

Hyperion Materials & Technologies has entered a definitive agreement to acquire the operations of Damen Carbide Tool Co., Inc., a Wood Dale, Illinois-based specialist in carbide and ceramic grinding and EDM finishing. The asset purchase will fold Damen Carbide into Hyperion's Precision Solutions business unit to expand its carbide component manufacturing and finishing capabilities; key Damen leaders will remain in place and the transaction is expected to close in early Q3 2024.

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.

Hyperion Materials & Technologies Acquires Crafts Technology

April 15, 2021

Manufacturing

Hyperion Materials & Technologies acquired Crafts Technology, a precision manufacturer of cemented tungsten carbide components, to broaden its engineered hard- and super-hard-materials capabilities and global footprint. Crafts Technology will continue to be led by President and CEO Jeffrey Taylor, and Prairie Capital Advisors served as financial advisor to Crafts on the transaction.

Hyperion Materials & Technologies Acquires Prism Technologies, Inc.

April 29, 2024

Manufacturing

Hyperion Materials & Technologies announced an agreement to acquire Prism Technologies, Inc., an Elizabeth, Pennsylvania-based manufacturer of compaction tooling, specialty components and wear parts. Prism will be integrated into Hyperion’s Precision Solutions business unit to add compaction tooling capabilities and capacity; the transaction is expected to close subject to customary conditions.

Ryerson Holding Corporation Acquires Howard Precision Metals

September 1, 2022

Industrial Services

Ryerson Holding Corporation, a leading value-added processor and distributor of industrial metals, acquired Howard Precision Metals, a Milwaukee-based aluminum distributor specializing in precision-cut aluminum plate and extruded bar. The deal expands Ryerson’s non-ferrous processing capabilities and adds complementary value‑added services to its Midwest footprint.

Dura Software Acquires DB Technology

November 9, 2021

Software

Dura Software, a San Antonio-based acquirer and operator of hyper-niche software products, has acquired DB Technology, a workflow and process automation software company serving healthcare, retail and hospitality. DB Technology — founded in 1983 and based in Edison, New Jersey — will move its headquarters to San Antonio; Justin Brady has been named CEO and all employees will remain in their current locations.