Add-on Acquisition • Engineering

Compass Precision Acquires R&D Machine and Engineering

On April 19, 2022, Compass Precision acquired engineering company R&D Machine and Engineering

Acquisition Context
  • This is Compass Precision’s 1st transaction in the Engineering sector.
  • This is Compass Precision’s 5th transaction in the United States.
  • This is Compass Precision’s 1st transaction in Florida.

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M&A Deal Summary

Date April 19, 2022
Target R&D Machine and Engineering
Sector Engineering
Buyer(s) Compass Precision
Deal Type Add-on Acquisition

Target Company

R&D Machine and Engineering

Oldsmar, Florida, United States
R&D Machine and Engineering is a manufacturer of precision metal components focused on providing prototype and short-run precision machined parts to customer specifications. R&D Machine and Engineering was founded in 1992 and is based in Oldsmar, Florida.
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Buyer Overview 1

Buyer

Compass Precision

Charlotte, North Carolina, United States

Category Company
Sector Machinery
DESCRIPTION

Compass Precision is a high-precision metal manufacturing company servicing a diversified group of blue-chip customers in the aerospace & defense, medical, industrial, energy, and telecommunication industries. Compass Precision is based in Charlotte, North Carolina.


Deal Context for Buyer #
Overall 6 of 7
Sector: Engineering 1 of 1
Type: Add-on Acquisition 5 of 6
State: Florida 1 of 1
Country: United States 5 of 6
Year: 2022 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-29 Douglas Machining

Winona, Minnesota, United Kingdom

Douglas Machining has built on customer satisfaction and quality services that has built its reputation on customer satisfaction and quality service. Since 2005, the company specialized in producing intricate machined components to print or per specific customer requirements while offering service with a job shop mentality. Its focus allows to be reactive to customer's needs while offering solutions on a no job too small and no job too large basis. Douglas Machining is based in Winona, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-08 Strom Manufacturing

North Plains, Oregon, United States

Strom Manufacturing is a highly automated manufacturer of precision metal components. Strom Manufacturing was founded in 1974 and is based in North Plains, Oregon.

Buy -