Exact, Inc. has been sold to Chancey Metals, LLC

Chancey Metals, LLC has acquired Exact, Inc.

Chancey is a Jacksonville-based fabricator and installer of metal stair and railing systems. This 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 that invests in public and private equities, venture capital opportunities and real estate.

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.

Oaklins Heritage in Jacksonville acted as advisor to the buyer in this transaction.