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Precision Bend & Machine Retains Heritage Equity Partners as it Seeks Buyer

December 21, 2015, 07:38 AM
Filed Under: Industry News

Precision Bend & Machine Co., a custom metal fabricator specializing in tube bending and wire forming, has retained Heritage Equity Partners (“HEP”) to seek an immediate sale of the company, or new funding for current growth opportunities.  Located in Walcott, IA, Precision Bend has over 25 years of experience providing CNC tube and sheet bending, CNC wire forming, and laser cutting.  In addition, they also offer their customers custom metal fabrication services including production welding, assembly and powder coating. 

Precision Bend and Machine Co. operates out of their 50,000 square foot facility that includes a complete tool & die shop, punching, nipping, welding, assembly, packaging, and two powder coating lines.  The company can bend up to 4” tubing, up to 40-feet long, cut up to 1” plate and is able to take raw materials through the fabrication and manufacturing process to a completed finished product. The company’s equipment includes tube benders, wire forming machines, lasers, press brakes, saws, a punch press, welders, and lathe.  Precision Bend specializes in short to medium run production volumes including prototypes and service parts, while serving as a second tier supplier for the Midwest’s most respected brands. 

Fred Cross, a Managing Director at HEP, stated “This is an excellent opportunity to partner with, invest in, or acquire an established metal fabrication shop with a strong history and the ability to provide customers with an easy one stop solution for all their metal parts needs.  Their ability to take raw materials all the way through to a fully assembled, painted and finished product, differentiates them from other local competitors.”

Heritage Equity Partners, formerly “Equity Partners”, based in Easton, MD, provides investment banking services for unique business situations and has completed in excess of 400 engagements throughout the United States since 1988.

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