M&A Deal Summary

Precinmac Precision Machining Acquires Trimaster Manufacturing

On January 1, 2017, Precinmac Precision Machining acquired manufacturer Trimaster Manufacturing from GenNx360 Capital Partners

Acquisition Highlights
  • This is Precinmac Precision Machining’s 1st transaction in the Manufacturing sector.
  • This is Precinmac Precision Machining’s 1st transaction in Canada.
  • This is Precinmac Precision Machining’s 1st transaction in Ontario.

M&A Deal Summary
Date 2017-01-01
Target Trimaster Manufacturing
Sector Manufacturing
Buyer(s) Precinmac Precision Machining
Sellers(s) GenNx360 Capital Partners
Deal Type Add-on Acquisition

Target

Trimaster Manufacturing

Guelph, Ontario, Canada
Trimaster Manufacturing is a manufacturer of precision machined components and complex subassemblies used in sophisticated machines including natural gas turbines, automated teller machines, industrial document insertion machines, and digital cinema projectors. The Company’s manufacturing capabilities are applied across a diverse range of general industrial end markets, including power generation, document insertion, ATMs, military/defense and petrochemicals, reducing its exposure to any individual industry cycle. Trimaster Manufacturing is based in Guelph, Ontario.

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Buyer(S) 1

Buyer

Precinmac Precision Machining

South Paris, Maine, United States
Category Company
Sector Manufacturing
DESCRIPTION

Precinmac Precision Machining is a manufacturer of high tolerance precision machined components and assemblies. The company formulates cost-saving alternatives to current production and sourcing methods by offering a single-source solution for precise, high-quality, flexible, and on-time manufacturing to top-tier customers globally. Precinmac Precision Machining is based in South Paris, Maine.

DEAL STATS #
Overall 1 of 5
Sector (Manufacturing) 1 of 4
Type (Add-on Acquisition) 1 of 5
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-18 Shields Manufacturing

Tualatin, Oregon, United States

Shields Manufacturing, Inc. serves the semiconductor, life sciences and aerospace markets with precision CNC machined components and assemblies. Shields Manufacturing was founded in 1991 and is based in Tualatin, Oregon.

Buy -

Seller(S) 1

SELLER

GenNx360 Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2006
PE ASSETS 1.8B USD
Size Large
Type Sector Agnostic
DESCRIPTION

GenNx360 Capital Partners is a private equity firm focused on acquiring mid-sized US-based businesses. GenNx360 targets companies with revenues between $50 and $500 million and $5 to $35 million of EBITDA. The Firm looks to invest $25 to $100 million per transaction. Specific areas of interest include industrial water treatment, specialty chemicals/engineered materials, industrial machinery/equipment components, agriculture products and services, global transportation component parts, aerospace/defense, oil/gas services and business services. GenNx360 Capital Partners was formed in 2006 and is based in New York City.

DEAL STATS #
Overall 2 of 16
Sector (Manufacturing) 1 of 3
Type (Add-on Acquisition) 2 of 8
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-21 Vintage Parts

Beaver Dam, Wisconsin, United States

Vintage Parts is a distributor of original slow moving and inactive OEM replacement parts for automobiles, recreational vehicles, and construction, agricultural and material handling equipment. Vintage Parts is based in Beaver Dam, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-02 Appalachian Railcar Services

Eleanor, West Virginia, United States

Appalachian Railcar Services, Inc. is a provider of railcar repair services and a provider of industrial logistics services including certified tank and freight car repair, railcar cleaning, coating and lining services, mobile repair, on-site customer repair operations, switching operations, and railcar storage.

Buy -
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