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  6. Star Cutter Acquires Tru Tech

M&A Deal Summary

Star Cutter Acquires Tru Tech

On September 1, 2023, Star Cutter acquired machinery company Tru Tech from Resonetics

Acquisition Highlights
  • This is Star Cutter’s 1st transaction in the Machinery sector.
  • This is Star Cutter’s 1st transaction in the United States.
  • This is Star Cutter’s 1st transaction in Michigan.

M&A Deal Summary
Date 2023-09-01
Target Tru Tech
Sector Machinery
Buyer(s) Star Cutter
Sellers(s) Resonetics
Deal Type Divestiture

Target

Tru Tech

Mt. Clemens, Michigan, United States
Tru Tech provides precision work-holding and grinding systems. Its products are used to produce grinding precision round parts in aerospace, electronics, medical, and small component industries. Tru Tech was founded in 1989 and is based in Mt. Clemens, Michigan.

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Buyer(S) 1

Buyer

Star Cutter

Farmington Hills, Michigan, United States
Category Company
Founded 1927
Sector Machinery
DESCRIPTION

Star Cutter specializes in producing a specific type of product or service in the cutting tool industry: solid carbide cutting tools, carbide blanks and preforms, gundrills, gear cutting tools, and 5-axis CNC tool and cutter grinding machines. Star Cutter was formed in 1927 and is headquartered in Farmington Hills, Michigan.

DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Michigan M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

SELLER

Resonetics

Nashua, New Hampshire, United States
Category Company
Founded 1987
Sector Medical Products
DESCRIPTION

Resonetics is a pioneer in laser micro-manufacturing and provides contract manufacturing services to the life sciences industry. Resonetics designs build and integrate its own laser workstations to solve complex manufacturing challenges and has invested heavily in leading-edge technology. Resonetics was founded in 1987 and is based in Nashua, New Hampshire.

DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Michigan M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-09 Memry

Bethel, Connecticut, United States

Memry provides design, engineering, development, and manufacturing services to the medical device and other industries using the Company's proprietary shape memory alloy technologies. Memry was founded in 1981 and is based in Bethel, Connecticut.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-29 Eden

New Freedom, Pennsylvania, United States

Eden is a precision manufacturer specializing in injection molding and micro machining solutions for critical medical devices. The company also specializes in Class 101 production tooling for the MedTech industry, delivering molds and components that demand uncompromising precision, complex geometries, and exceptional quality. Eden was formed in 2000 and is based in New Freedom, Pennsylvania.

Buy -
Mergr

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