Mill City Capital Acquires HN Precision Company
January 26, 2018
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.
- Buyers
- Mill City Capital, L.P.
- Targets
- HN Precision Company
- Sellers
- Cerberus Business Finance, LLC
- Industry
- Manufacturing
- Location
- Illinois, United States
- Transaction Type
- Buyout
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