JEC sale to ARCH Global Precision
| Client | JEC is a Huntingdon Valley, PA close tolerance precision machining company serving a major Swiss semi-conductor equipment innovator and certain defense and aerospace customers. |
|---|---|
| Ownership | JEC was a privately held company acquired by two investors from a major financially backed roll up company in a divestiture. |
| Buyer | ARCH Global Precision acquired JEC as an addition to ARCH’s aerospace and industrial sectors. |
| Transaction | Buyer acquired 100% of the Company. Seller invested in the Buyer. |
| Consideration | Cash at close. |
| Valuation | Undisclosed |
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Situation Review
- Kinsella Group engagement to sell JPMC was expanded to include the sale of JEC.
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Transaction Process
- Kinsella Group identified a sort list of acquirers with interest in JPMC and JEC and facilitated a closing of both Companies to ARCH.
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Outcomes
- Acquirer will support penetration of existing customer relationships to capture opportunities for other ARCH operating entities.
- Existing management team was retained to continue impressive growth in revenues and profits.
