July, 2025. Peakstone served as exclusive M&A advisor to CNC Industries, Inc. (“CNC”), in connection with its sale Kadon Aerospace & Kadon Precision Machining, a portfolio company of Tecum Equity Alpha Management Inc. (dba Tecum Equity Partners).
Founded in 1995 and based in Fort Wayne, Indiana, CNC is a leading provider of manufacturing services, specializing in CNC machining, fabrication, assembly, and more. Supporting customers in the Aerospace & Defense (A&D), Automotive, and Medical end markets, CNC Industries has been consistently delivering high quality products at competitive prices and providing exceptional service leading to a very loyal customer base and long-term relationships with several key customers. Furthermore, CNC developed and utilizes a proprietary MRP system to simplify resource management.
Kadon Aerospace is a manufacturer of precision machined parts intended for aerospace, agriculture, automotive, and other related industries. The company offers Swiss machining, multi-axis machining, CNC machining, and special manufacturing systems, providing clients with high-precision machined parts according to their needs.
Tecum Equity Partners, a private-equity firm based in Pittsburgh, Pennsylvania, specializes in investing in industrial and precision manufacturing companies.
Terms of the transaction were not disclosed.
For additional information, please contact:
Matt Norris, Managing Director, 312-978-9844, mnorris@peakstone.com
Alex Fridman, Managing Partner, 312-346-7303, alex@peakstone.com
About Peakstone
Peakstone is a leading investment bank that specializes in mergers and acquisitions, advisory, and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com. To receive investment and proprietary acquisition opportunities, please register at www.peakzone.com.