Rift Valley Equity Partners Acquires Arlington Machine and Tool.
11 November 2015 - US-based private investment firm Rift Valley Equity Partners, LLC has acquired the assets of Arlington Machine and Tool Company through affiliated entity Arlington Precision Components, LLC, the firm said.
Terms of the deal were not disclosed.
Headquartered in Fairfield, New Jersey, Arlington is a manufacturer of precision-machined components for aerospace, defense, industrial, semiconductor and healthcare applications.
Since 1963, Arlington has provided close-tolerance machined components to customers across a broad range of industries.
Arlington's manufacturing capabilities include CNC milling and turning, assembly and inspection as well as value-added services such as programming, modeling and tooling.
Rift Valley said its acquisition of Arlington further strengthens the capabilities of its aerospace and defense platform, which also includes Crow Precision Components and M/M Manufacturing.
Additionally, Arlington expands the platform's market reach to include the semiconductor and healthcare industries.
Rift Valley's acquisition of Arlington was facilitated through its private investment fund. Morrison Cohen LLP served as legal counsel to Rift Valley.
Target: Arlington Machine and Tool Company
Buyer: Rift Valley Equity Partners, LLC
Deal size in USD:
Type: Corporate Acquisition
Buyer advisor: , ,
Comment: Terms of the deal were not disclosed