Live Ventures Acquires Precision Metal Works

Live Ventures Acquires Precision Marshall (Precision Industries)

July 15, 2020

Manufacturing

Live Ventures Incorporated (Nasdaq: LIVE) acquired Precision Industries, Inc. (d/b/a Precision Marshall), a Washington, Pennsylvania-based maker of premium tool steels and specialty alloys, for approximately $31.5 million in cash. The acquisition — which retains current employees and elevates Thomas Sedlak to CEO — is expected to increase Live Ventures' consolidated revenues by roughly $50 million per year.

Live Ventures (via Precision Marshall) Acquires The Kinetic Co., Inc.

June 30, 2022

Manufacturing

Live Ventures Incorporated (Nasdaq: LIVE), through its subsidiary Precision Marshall, acquired all outstanding stock of The Kinetic Co., Inc., a 74-year-old industrial knife and wear-product manufacturer based in Greendale, Wisconsin, in a transaction valued at approximately $26 million. The deal was financed with a mix of third-party bank and seller debt, a sale-leaseback of real estate, and cash; Kinetic (≈100 employees) will operate as a standalone business and is expected to add roughly $20 million of annual revenue to Live Ventures' steel manufacturing segment.

Weller Metalworks Acquires Laser Precision

August 10, 2023

Manufacturing

Weller Metalworks, the fabrication platform established by LFM Capital, has acquired Laser Precision, a Libertyville, Illinois-based full-service metal fabricator. The add-on acquisition (terms undisclosed) expands Weller's capabilities in laser cutting, forming, finishing and powder coating to better serve industrial equipment OEM customers.

MPI Corporation Acquires Precision Stampings, Inc.

October 4, 2019

Manufacturing

MPI Corporation, an Indianapolis-based investment holding company, has acquired Precision Stampings, Inc. (PSI), a Beaumont, California-based manufacturer of precision metal stampings and micro/nano connectors. The acquisition expands MPI's manufacturing holdings and capabilities across aerospace, medical, automotive and electronics end markets.

PrecisionX Group Acquires National Manufacturing Co.

May 31, 2024

Manufacturing

PrecisionX Group, a portfolio company of CORE Industrial Partners, has acquired National Manufacturing Co., a Piscataway, New Jersey-based specialist in deep and shallow drawn metal stamping and precision CNC machining. The deal expands the PrecisionX platform’s manufacturing capabilities and capacity—particularly in medical and aerospace end markets—adding National’s 90,000 sq. ft. facility and extensive tooling and finishing capabilities to the platform.

Precision Metal Holdings Acquires General Metals, LLC

January 7, 2022

Manufacturing

Precision Metal Holdings, a Farragut Capital Partners portfolio platform, has acquired General Metals, LLC — a North Carolina-based precision metal fabricator — with Farragut providing subordinated debt and preferred equity and Everside Capital Partners joining as a co-investor. The deal is an add-on to the Precision Metals platform that expands the company’s geographic footprint in the Southeastern United States and enhances its capabilities in stamping, forming, welding, precision machining and electromechanical assembly.