M&A Deal Summary

Precision Cutting Technologies Acquires Supermill

On March 2, 2020, Precision Cutting Technologies acquired machinery company Supermill

Acquisition Highlights
  • This is Precision Cutting Technologies’ 4th transaction in the Machinery sector.
  • This is Precision Cutting Technologies’ 4th transaction in the United States.
  • This is Precision Cutting Technologies’ 1st transaction in Connecticut.

M&A Deal Summary

Date 2020-03-02
Target Supermill
Sector Machinery
Buyer(s) Precision Cutting Technologies
Deal Type Add-on Acquisition
Advisor(s) Brown Paindiris & Scott (Legal)

Target

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.

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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 4 of 4
Sector (Machinery) 4 of 4
Type (Add-on Acquisition) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 4 of 4
Year (2020) 1 of 1
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.

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