M&A Deal Summary

Precision Cutting Technologies Acquires Diamond Technology Innovations

On June 24, 2019, Precision Cutting Technologies acquired machinery company Diamond Technology Innovations from Bourn & Koch

Acquisition Highlights
  • This is Precision Cutting Technologies’ 3rd transaction in the Machinery sector.
  • This is Precision Cutting Technologies’ 3rd transaction in the United States.
  • This is Precision Cutting Technologies’ 1st transaction in Washington.

M&A Deal Summary

Date 2019-06-24
Target Diamond Technology Innovations
Sector Machinery
Buyer(s) Precision Cutting Technologies
Sellers(s) Bourn & Koch
Deal Type Merger

Target

Diamond Technology Innovations

Olympia, Washington, United States
Diamond Technology Innovations, Inc. is a manufacturer of waterjet orifices and nozzles as well as related products. As an American orifice manufacturer, created solely to fill the needs of the waterjet industry, dti™ was the first and is the only company to specialize in waterjet orifice excellence.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Precision Cutting Technologies

United States

Category Company
Founded 2019
Sector Machinery
DESCRIPTION

Precision Cutting Technologies is a holding company with three operating businesses: (i) Bourn & Koch, Inc., a provider of precision automated machine tool solutions with a portfolio of 28 well-known brands and a focus on gear and grinding machinery; (ii) Diamond Technology Innovations, Inc., a manufacturer of waterjet orifices and nozzles and a provider of related services; and (iii) Coastal Industrial Distributors, LLC (dba CID Performance Tooling), a provider of high-performance solid carbide end mills.


DEAL STATS #
Overall 3 of 4
Sector: Machinery M&A 3 of 4
Type: Merger M&A Deals 3 of 3
State: Washington M&A 1 of 1
Country: United States M&A 3 of 4
Year: 2019 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-24 Bourn & Koch

Rockford, Illinois, United States

Bourn & Koch, Inc. is a manufacturer and remanufacturer/retrofitter of gear hobbing, gear shaping, gear grinding, vertical turning centers, vertical grinding centers, boring, rotary transfer, multispindle, inspection and specialty machine tools.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-02 Supermill

Berlin, Connecticut, United States

Supermill LLC is a manufacturer of Ultra performance and High-performance carbide end mills. Supermill LLC manufactures with state of the art equipment in a clean modern facility.

Buy -

Seller(S) 1

SELLER

Bourn & Koch

Rockford, Illinois, United States

Category Company
Founded 1974
Sector Machinery
DESCRIPTION

Bourn & Koch, Inc. is a manufacturer and remanufacturer/retrofitter of gear hobbing, gear shaping, gear grinding, vertical turning centers, vertical grinding centers, boring, rotary transfer, multispindle, inspection and specialty machine tools.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Washington M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-05 Diamond Technology Innovations

Olympia, Washington, United States

Diamond Technology Innovations, Inc. is a manufacturer of waterjet orifices and nozzles as well as related products. As an American orifice manufacturer, created solely to fill the needs of the waterjet industry, dti™ was the first and is the only company to specialize in waterjet orifice excellence.

Buy -