M&A Deal Summary

Boler Acquires Precision Machining Group

On April 1, 2023, Boler acquired machinery company Precision Machining Group from Trivest Partners

Acquisition Highlights
  • This is Boler’s 1st transaction in the Machinery sector.
  • This is Boler’s 1st transaction in the United States.
  • This is Boler’s 1st transaction in Illinois.

M&A Deal Summary

Date 2023-04-01
Target Precision Machining Group
Sector Machinery
Buyer(s) Boler
Sellers(s) Trivest Partners
Deal Type Add-on Acquisition
Advisor(s) Mazzone & Associates (Financial)

Target

Precision Machining Group

Schaumburg, Illinois, United States
Precision Machining Group is a manufacturer and supplier of precision machining and mechanical assemblies. Precision Machining Group was founded in 2002 and is based in Schaumburg, Illinois.

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Buyer(S) 1

Buyer

Boler

Schaumburg, Illinois, United States

Category Company
Founded 1976
Sector Automotive
DESCRIPTION

Boler operates in the automotive manufacturing industry, specifically as a global supplier of auto parts for heavy-duty trucks and trailers. They also have manufacturing, real estate, and other holdings, diversifying their operations. Boler was founded in 1976 and is based in Schaumburg, Illinois.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

SELLER

Trivest Partners

Coral Gables, Florida, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 6.1B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Trivest's corporate headquarters in Coral Gables, Florida.
Trivest's corporate headquarters in Coral Gables, Florida.

Trivest is a private equity firm that invests in North American middle-market corporate acquisitions, recapitalizations, and growth capital financings. For platform investments, sectors of interest include niche manufacturing, value-added distribution, business services, and consumer products/services. The Firm seeks businesses with at least $4 million of EBITDA and valued between $20 and $250 million. Trivest prefers control-based situations but will also consider minority or co-investment opportunities. For add-on opportunities, Trivest will consider companies globally with valuations starting at $1 million. Trivest Partners was formed in 1981 and is based in Coral Gables, Florida.


DEAL STATS #
Overall 35 of 46
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 14 of 15
State: Illinois M&A 3 of 3
Country: United States M&A 32 of 42
Year: 2023 M&A 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-31 PeopleShare

Collegeville, Pennsylvania, United States

PeopleShare is a provider of temporary staffing and outsourced HR services in the Northeast United States. PeopleShare was founded in 2004 and is based in Collegeville, Pennsylvania.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-13 ScanSTAT Technologies

Alpharetta, Georgia, United States

ScanSTAT Technologies is a release of information company and utilizes state-of-the-art technology to support providers in exceeding the expectations of their patients and requesters. ScanSTAT is committed to accurate and secure processing of protected health information for healthcare facilities. ScanSTAT Technologies was founded in 2006 and is based in Alpharetta, Georgia.

Sell -