BTX Precision (L Squared) Acquires High Tech Solutions LLC

BTX Precision Acquires High‑Tech Solutions (HTS)

August 19, 2025

Aerospace & Defense

BTX Precision has acquired High‑Tech Solutions (HTS), a Lee's Summit, Missouri-based precision machining and manufacturing firm serving the commercial aerospace, military and space markets. The deal — BTX's seventh acquisition since launching its platform in 2023 — expands BTX's advanced machining capabilities and capacity in mission-critical aerospace and defense supply chains.

L Squared Forms BTX Precision with Acquisitions of ERA Industries, Gen-El-Mec and i3DMFG

February 20, 2024

Manufacturing

L Squared Capital Partners has formed BTX Precision by combining three precision components manufacturers—ERA Industries, Gen-El-Mec, and i3DMFG—as part of an accelerated consolidation strategy in the fragmented North American precision components market. The acquired businesses will operate under the BTX platform with existing leadership retained as ongoing owners, and L Squared intends to pursue additional add-on acquisitions to build scale and complementary capabilities.

Technical Safety Services Acquires Precision Air Technology

April 11, 2023

Professional Services

Technical Safety Services (TSS), a portfolio company of Levine Leichtman Capital Partners (LLCP), has acquired Precision Air Technology, Inc., a Morrisville, North Carolina provider of controlled-environment testing and certification services for pharmaceutical, biotechnology and healthcare settings. The deal expands TSS's geographic presence in the Research Triangle and is the sixth acquisition by TSS since being acquired by LLCP in 2022.

Healthcare Building Solutions Acquires Transition Planning Division of Healthcare Technical Services (HTS)

June 28, 2022

Healthcare Services

Healthcare Building Solutions (HBS), a platform backed by Latticework Capital Management, acquired the Transition Planning Division of Healthcare Technical Services (HTS). The add-on expands HBS’s transition planning, facility activation, and move-planning capabilities and broadens its geographic reach across health systems, academic and community hospitals, and ambulatory facilities.

L Squared Capital Partners Acquires Sterling Trading Tech

September 8, 2021

Cloud & SaaS

L Squared Capital Partners acquired Chicago-based Sterling Trading Tech from LLR Partners and other investors, with Sterling’s management participating in the transaction. The deal positions L Squared to invest in product development, sales expansion and strategic add-on acquisitions to broaden STT’s trading platform, OMS and risk product suite across additional asset classes and geographies.

NexTech Solutions Acquires Trailblazer Innovations

June 2, 2025

Aerospace & Defense

NexTech Solutions (NTS) has acquired Trailblazer Innovations, a provider of Blue Force Tracking and Tagging, Tracking, and Locating (TTL) systems. The acquisition expands NTS's operational-technology and situational-awareness capabilities and broadens its customer reach into Department of Homeland Security and additional DoD mission areas.