Arlington Machine and Tool (AMT) is a manufacturer of close-tolerance, machined components for the aerospace, defense, semiconductor and healthcare sectors. The company has a 56,000 square foot facility and its manufacturing capabilities include CNC milling and turning, assembly and inspection as well as value-added services such as programming, modeling and tooling. AMT was founded in 1963 by John Staudinger and is based in Fairfield, NJ (www.arlingtonmachine.com).
Rift Valley makes control investments in North American based companies that have up to $150 million of revenue and $5 million to $15 million of EBITDA. Sectors of interest include consumer products & services; retail; and industrial products & services. Rift Valley was founded by David Caputo and has offices in New York and Toronto (www.riftvalleyequity.com).
Rift Valley has been very active in the machined components sector. In July 2015, the firm acquired the assets of M&M Manufacturing, a Tulsa-based manufacturer of precision machined components used in a variety of aerospace, defense and industrial applications. The buy of M&M was the second aerospace and defense platform investment by the firm following the acquisition of Fort Worth-based Crow Precision Components in October 2014. Crow is a manufacturer of forged components used by companies operating in the aerospace, defense, industrial, oil & gas and power generation sectors.
Heritage Equity Partners was the exclusive sell-side advisor to Arlington Machine and Tool Company. Heritage was retained by AMT in September 2015 to explore a sale of the company to a buyer who could support the working capital needs of the growing CNC machining shop and manufacturing operations. Ken Mann and Matt LoCascio led the transaction for Heritage. The firm is based in near Baltimore in Easton, MD (www.equitypartnerscrb.com).
© 2015 PEPD • Private Equity’s Leading News Magazine • 11-20-15