Carolina Precision Technologies Acquires Renchel Tool Inc.

July 31, 2019

Carolina Precision Technologies (a portfolio company of Linx Partners) has acquired Renchel Tool Inc., a Putnam, Connecticut-based precision contract manufacturer specializing in complex orthopedic instruments and implants as well as aerospace and petrochemical components. The deal, supported by senior financing from Fifth Third Bank, is an add-on to expand CPT’s manufacturing capabilities, capacity, and customer base.

Buyers
Carolina Precision Technologies, Linx Partners, LLC
Targets
Renchel Tool Inc.
Sellers
Ron Williams, Brenda Williams
Platforms
Carolina Precision Technologies
Industry
Medical Devices
Location
Connecticut, United States
Transaction Type
Addon

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.