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.

Services

M&A sell-side

Parteien

„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.

Sprechen Sie mit dem Deal-Team

Don Wiggins

Principal

Jacksonville, Vereinigte Staaten
Oaklins Heritage

Profil ansehen Kontaktaufnahme

Howard C. Serkin

Principal

Jacksonville, Vereinigte Staaten
Oaklins Heritage

Profil ansehen Kontaktaufnahme

Robert Cilek

Director

Jacksonville, Vereinigte Staaten
Oaklins Heritage

Profil ansehen Kontaktaufnahme

Relevante Transaktionen

Energy Solutions UK Ltd. has acquired Oceanic Systems (UK) Ltd.

Energie | Maschinen- & Anlagenbau, Komponenten

Energy Solutions UK Ltd. has acquired Oceanic Systems (UK) Ltd.

Energy Solutions UK Ltd., a marine electrical systems supplier, has completed the acquisition of marine monitoring and control systems manufacturer, Oceanic Systems (UK) Ltd. The acquisition is designed to expand Energy Solutions’ marine technology offerings, particularly supporting their growth in marine hybrid propulsion systems.

Weitere Informationen

Verder Group has acquired Sauermann

Maschinen- & Anlagenbau, Komponenten | Andere Branchen

Verder Group has acquired Sauermann

The Verder Group has acquired Sauermann from private shareholders, including CEO Serge Bohyn and the French private equity groups IXO Private Equity and Credit Mutuel Equity.

Weitere Informationen

Royal Reesink has sold Motrac Industries to Anders Invest

Private Equity | Maschinen- & Anlagenbau, Komponenten

Royal Reesink has sold Motrac Industries to Anders Invest

Royal Reesink and Anders Invest have completed the sale of Motrac Industries, a specialist in hydraulic and electrical engineering.

Weitere Informationen