Generational Equity Announces the Acquisition of Professional Machine, Inc., by ARCH Global Precision, a Portfolio Company of Strength Capital Partners
DALLAS, Nov. 11, 2014 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Professional Machine, Inc., headquartered in Bellingham, Massachusetts, by ARCH Global Precision, headquartered in Livonia, Michigan. The acquisition closed on October 31, 2014.
Professional Machine (Promach) is a manufacturer of precision machined components for a diverse set of industries, including oil & gas, medical, dental, aerospace and residential and commercial construction. To learn more, visit www.promach.biz.
Joe Kauker, President of Promach, commented "we are pleased to announce the sale of Professional Machine to ARCH Global Precision. In choosing an acquirer to sell the company to, it was important for us to identify a buyer that was committed to the continued growth of Professional Machine. Given the track record and reputation of ARCH Global Precision, we are confident that ARCH is an ideal partner to help take Promach to the next level." Mr. Kauker will remain with the company in his current role as President to ensure the successful integration and growth of the business under ARCH's ownership.
Managing Director Doug Smith and his team, including affiliate Gene Gall and Vice President Ryan Johnson, led the Generational Equity deal team that assisted Professional Machine on the transaction. "Both buyer and seller recognized the fit and growth opportunities" said Gene Gall.
ARCH Global Precision, a portfolio company of Strength Capital Partners, is focused on precision machined components and consumable cutting tools and instruments. To learn more, visit www.archglobalprecision.com.
About Generational Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their companies successfully. Generational Equity uses a four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business. Generational Equity is headquartered in Dallas, TX, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the M&A Consulting Firm of the Year. For more information visit the following websites at www.genequityco.com, www.gecpress.com or http://blog.genequityco.com/.
For more information:
Jessica Mead
972-232-1100
[email protected]
SOURCE Generational Equity
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