Peakstone Advises on Sale of Precision Machining Business


M&A Advisor

December 2020. Peakstone served as exclusive advisor to Dahlquist Machine, Inc. in its sale to CORE Industrial Partners’ portfolio company, Incodema Holdings LLC.

Founded in 1969, Dahlquist Machine is a privately-owned, Minnesota-based company primarily focused on the high-speed precision machining of light metals, aluminum, and plastic parts on a just-in-time basis.

“Dahlquist Machine is readily identified by its customers as a premium and often sole source supplier for high-mix CNC machining services across countless product platforms.  In addition to the utmost attention to quality control, the Company has a superior record of on-time delivery over the past three decades. We view Dahlquist Machine as the foundation of a broader precision machining business for the Incodema platform, and we are eager to work with Jeff and the entire Dahlquist Machine team” said John May, Managing Partner of CORE.

Dahlquist’s President and CEO noted “We’re excited to become a part of the CORE IP and Incodema family.  This will allow us to accelerate our growth efforts in North America and continue our commitment to outstanding customer service.  Peakstone was an invaluable partner throughout the sale process and helped us achieve a great outcome for Dahlquist Machine, its employees, and our family.”

Press Release: Click Here

Terms of the transaction were not disclosed.

For additional information please contact:

Eric Dziedzic, Managing Director
312-346-7314
eric@peakstone.com

Nicholas Clementi, Managing Director
763-478-1777
nclementi@peakstone.com

 

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Peakstone is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. The 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.