Summit Equity Group Acquires Valley Machining Company*
February 14, 2022
BCC Advisers client Valley Machining Company, a world-class supplier of precision screw machine products, CNC lathe and CNC mill products and assemblies across North America, has been acquired by summit Equity Group.
BCC Advisers is pleased to share the following announcement regarding the sale of our client, Valley Machining Company (VMC), to Summit Equity Group. BCC served as VMC’s investment banker and advised in negotiations throughout all aspects of the sale process.
Located in Rock Valley, Iowa, VMC is a manufacturer of custom-machined products and assemblies. Through innovative ideas and a progressive attitude, VMC has become a world-class supplier of precision screw machine products, CNC lathe and CNC mill products and assemblies across North America.
VMC President Joe Van Tol stated, “By partnering with Summit Equity, we not only gain a capital partner that will enable us to invest in new equipment and capabilities, but we gain a partner that has extensive experience with manufacturers bringing best-practices and growth strategies that are going to strengthen our organization. BCC Advisers’ experience with the M&A process overall, and more specifically with ESOP-owned companies, was instrumental in securing an attractive transaction for the numerous stakeholders involved.”
“Valley Machining Company is a natural fit for our manufacturing portfolio. We are impressed with the quality, innovation, and client dedication of VMC’s staff and current operations, and look forward to helping them continue moving forward to achieve their highest potential in their industry.”
— Mitch Nelson, Summit Equity Group
About Valley Machining Company
Established in 1980, VMC began as an Iowa area supplier of screw machine products, adding CNC machining and growing throughout the Midwest to then becoming a world-class supplier of precision screw machine products, CNC lathe and CNC mill products and assemblies across North America. For more information see www.valleymachining.com.
About Summit Equity Group
Summit Equity Group is a private investment group founded in 2004 for the purpose of identifying and acquiring small to medium sized private companies, providing the resources necessary to realize their full potential. Summit Equity Group’s focus is on the long-term growth, success, and value of its holdings. See www.summitequity.com for more information.
*Securities transactions conducted through StillPoint Capital, LLC, Tampa, FL