InCompass (TJM Capital) Acquires Bridgeport and Newman Whitney; Monroe Capital Provides Financing
January 9, 2024
InCompass, a Maple Grove, Minnesota-based machinery platform backed by independent sponsor TJM Capital Partners, has acquired Bridgeport Machine Tools and Newman Whitney. Monroe Capital acted as sole lead arranger and administrative agent on a senior credit facility to support InCompass’s growth and these add-on acquisitions.
- Buyers
- InCompass, TJM Capital Partners, Monroe Capital LLC
- Targets
- Bridgeport Machine Tools, Newman Whitney (Newman Machine Company)
- Platforms
- InCompass
- Industry
- Manufacturing
- Location
- United States
- Transaction Type
- Addon
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