Exact, Inc. has been acquired by Chancey Metal Products

The shareholders of Exact, Inc. have sold the company to Chancey Metal Products.

Exact was founded in 1964 in Jacksonville, Florida, as a manufacturer of precision sheet metal and provides assembly for the electronic and communication industry. The company offers CNC (computer numerical control) machining and punching, laser cutting, zinc plating and mechanical assemblies.

Chancey is a Jacksonville-based fabricator and installer of metal stair and railing systems. The acquisition of Exact is its fifth acquisition over the past four years. Prior to its most recent acquisition, Chancey acquired fellow Jacksonville companies CF Machine & Tool, FabTech Supply, and SS Metals and Plastics. Chancey is a portfolio company of Indigo South Capital, a private family office located that invests in public and private equities, venture capital opportunities and real estate.

Oaklins Heritage in Jacksonville served as the intermediary and exclusive financial advisor to the seller in this transaction.

SERVICIO

M&A sell-side

PARTES

“For over two decades, Oaklins Heritage has provided our growing family business with guidance and support. Their expertise was crucial in crafting an exit strategy that seamlessly transitioned family leadership while securing a great opportunity for our employees and remaining family members within a growing, local company. This sale provided the optimal outcome for our business, family and employees. Oaklins was key in finding the right partner to continue our 60 years of manufacturing experience into the future.”

Will Allen

President, Exact, Inc.

Contáctese con el equipo de la transacción

Don Wiggins

Principal

Jacksonville, Estados Unidos
Oaklins Heritage

Ver perfil Contáctenos

Howard C. Serkin

Principal

Jacksonville, Estados Unidos
Oaklins Heritage

Ver perfil Contáctenos

Robert Cilek

Director

Jacksonville, Estados Unidos
Oaklins Heritage

Ver perfil Contáctenos

Transacciones relacionadas

Sondrel secures a major investment

Maquinaria y Componentes Industriales

Sondrel secures a major investment

Sondrel has secured funding from Rox Equity Partners Ltd. through a subscription for new shares. The funds will enable the company to grow and expand its presence as one of the world’s leading providers of custom chip design and supply. In particular, it will help them rapidly develop their presence in the US.

Phen’X Technologies has sold a majority stake to Ciclad

Private Equity | Salud | Maquinaria y Componentes Industriales

Phen’X Technologies has sold a majority stake to Ciclad

The shareholders of Phen’X Technologies have completed a primary majority LBO with private equity fund Ciclad.

IMS Group AS has acquired Jowa AB

Maquinaria y Componentes Industriales

IMS Group AS has acquired Jowa AB

IMS Group AS has acquired Jowa AB.