Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, and Onward Capital, a Chicago-based private equity firm, have partnered to acquire Wright City, Missouri-based Tech Manufacturing.
Tech Manufacturing is a manufacturer of complex 5-axis structural aerospace parts. The company has special expertise in unique contoured parts and monolithic components that require 5-axis milling, whether made of aluminum, steel, titanium, or other materials. Tech Manufacturing specializes in CNC precision machining of structural aerospace parts for commercial, military and business airframes. It maintains AS9100 Rev C and ISO 9001:2008 certifications, is Fracture Critical/Traceable Part compliant, ITAR Registered and DPD (Digital Product Definition) compliant.
The amount of the deal was not disclosed.
Thompson Street Capital Partners and Onward Capital acquired Wright City as an add-on to their joint platform company Domaille Engineering, a worldwide provider of innovative engineering solutions and precision manufacturing services to high-tech industries and an OEM of optical fiber polishing equipment.