Angle Advisors advises on the sale of Kremin

The recent acquisition of Kremin, Inc. by Threadlock Precision marks an exciting development in the world of precision manufacturing. Angle Advisors, the exclusive investment banking advisor to Kremin, played a crucial role in facilitating this transaction.

Founded in 1983, Kremin has established itself as a leading CNC machining business specializing in tight-tolerance, high-volume swiss machining and milling of complex components for industries such as aerospace, defense, and medical equipment. With a certification to AS9100D, Kremin has built a reputation for excellence in the precision manufacturing sector.

The acquisition by Threadlock Precision, a growing network of precision manufacturing companies supported by the D. E. Shaw group, represents a significant milestone for Kremin and its customers. Mike Grossi, President and CEO of Kremin, expressed his gratitude for the guidance provided by Angle Advisors throughout the acquisition process. Grossi highlighted the industry knowledge, transaction expertise, and support offered by Angle Advisors as instrumental in achieving a successful outcome.

Threadlock Precision, as a U.S.-based precision manufacturing network, leverages a combination of operational expertise and investment knowledge to empower network companies to enhance their capabilities and competitiveness in aerospace, defense, and industrial markets. The leadership team at Threadlock Precision is committed to facilitating the modernization, scaling, and strengthening of network companies to drive growth and success.

Angle Advisors, a firm specializing in mergers and acquisitions (M&A) advisory and capital raising services, has a strong track record in the industrials and services sectors. With offices in the United States, Germany, and China, Angle Advisors has completed over 312 transactions since 2009, catering to multinational corporations, privately held companies, private equity funds, and public sector clients. Their expertise and experience in facilitating successful transactions make them a trusted partner in the world of investment banking.

The acquisition of Kremin, Inc. by Threadlock Precision underscores the ongoing consolidation and growth in the precision manufacturing industry. By joining forces with a reputable and dynamic network like Threadlock Precision, Kremin is well-positioned to capitalize on new opportunities, expand its reach, and continue delivering high-quality precision machining solutions to its clients in the aerospace, defense, and medical sectors. The strategic partnership between Kremin and Threadlock Precision sets the stage for exciting developments in the field of precision manufacturing and underscores the importance of collaboration and innovation in driving industry growth and success.