LIVONIA, Michigan, December 1, 2015.
ARCH Global Precision, a Strength Capital Partners platform company that is focused on manufacturing precision machined components and industrial cutting tools for a diverse set of end markets has acquired MSL Precision, located in Mesa, Arizona. MSL Precision manufactures high precision machined components for the aerospace, defense and medical end markets.
“We are once again excited to announce additional “firsts” for ARCH Global Precision – in this case the establishment of a manufacturing footprint in the Southwest region of the country and our first acquisition of a business with a heavy focus on the commercial aerospace market,” commented Eli Crotzer, ARCH Global Precision President and Chief Executive Officer. “MSL Precision is a great fit for ARCH’s Precision Components Segment, as this acquisition provides us with access to new end markets and a series of “Blue Chip” customers. More importantly is the strong cultural alignment between MSL Precision and ARCH, which will allow for a smooth transition and the ability to leverage MSL’s existing customer relationships across the enterprise.”
“I am pleased to announce the sale of MSL Precision to ARCH Global Precision” commented Mr. Tim Maack, General Manager of MSL Precision. Mr. Maack further commented, “When my business partner and I made the decision to sell the business it was imperative for us to find a partner organization that would allow MSL to succeed in the next phase of growth for the business, and after meeting with several other potential acquirers, it was apparent that ARCH Global Precision was the ideal partner.”
MSL Precision’s Director of Operations, Marvin Selk, added that “ARCH Global has developed a unique culture that aligns well with a similar culture that we have built here at MSL. Tim and I are excited to be joining ARCH as a key part of the senior management team and we are confident that both ARCH and MSL will be stronger as a result of joining forces.” Mr. Maack and Mr. Selk are both continuing in their current roles for the foreseeable future, as ARCH looks to find another complimentary acquisition in the greater-Phoenix area to pair with the great foundation that already exists at MSL today.