Sixeight, a Knoxville, TN-based growth equity firm specializing in privately owned legacy businesses, has acquired US Machine & Tool.
US Machine & Tool is a Murfreesboro, TN-based precision CNC machining and fabrication company that has been providing work for leading manufacturers for over 35 years. US Machine & Tool provides a wide selection of services such as CNC milling and lathe work, wire EDM, surface and O.D. grinding and high precision CMM inspections. It also builds production jigs, fixtures and tooling for other manufacturers.
Sixeight acquired US Machine & Tool due to its potential for high growth in revenue and profit, its strategic placement in the region and its potential to disrupt their industry.
David Gooch, co-founder and COO of Sixeight, said, "We are extremely excited about the opportunity for growth and regional impact with US Machine & Tool. We acquired a stellar team of machinists and support staff, and we are excited to grow the business with them while serving our clients."
As companies in the United States begin to re-shore their manufacturing, Sixeight sees an opportunity among manufacturers to deliver precision manufacturing with quality, speed and cost in an all-inclusive value proposition. "Through capital investments, debt restructures or mergers and acquisitions, Sixeight ensures that the businesses they invest in will continue to thrive as an essential part of their community's ecosystem," said a company spokesperson.
Sixeight serves regional businesses in the greater Knoxville, Nashville and Chattanooga metropolitan areas.
For more information contact:
US Machine & Tool
732 Old Salem Road
Murfreesboro, TN 37129
615-893-8984
www.usmachtool.com
Sixeight
sixeight.ventures