- September 1, 2006August 31, 2021
- by admin
An undisclosed private equity group has acquired Star Precision Products, Inc. The terms of the transaction were not disclosed. EdgePoint Capital led the negotiations and served as exclusive financial advisor to Star Precision Products, Inc.
Star Precision Products, Inc. (“Star”) is a high-tech manufacturer and assembler of precision machined products. Started in 1984 as a tool and die shop, Star quickly focused its core competences on producing quality high-tolerance machined parts for an underserved geographic market.
EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.
- July 1, 2006September 9, 2021
- by admin
Lincat Group, plc, Lincoln, Lincolnshire, U. K. has sold its Douglas Machines Corporation subsidiary to GenCap America.
Lincat Group, plc, whose shares trade on the London Stock Exchange, manufactures kitchen, bar and food processing equipment.
Douglas Machines Corporation of Clearwater, Florida is the U. S. market leader in design and manufacture of washing and sanitizing equipment for bakeries and other food related industries.
GenCap America, of Nashville, Tennessee, is a private investment specializing in the acquisition, in conjunction with management, of leading middle market businesses.
The Trans Action Group, now part of EdgePoint Capital Advisors, working with Cavendish Corporate Finance of London, initiated this transaction and acted as financial advisors to Lincat Group.