Livermore, CA – June 22, 2016 –Addison Capital Partners (“ACP”), in partnership with the management team of Integrated Manufacturing Group, LLC (“IMG” or the “Company”), is pleased to announce the recapitalization of the Company.
“This transaction strongly positions IMG for furthering our vision for growth by adding complementary partners to our organization. Specifically, this recapitalization allocates resources to IMG that we deemed critical in order to optimize the growth trajectory within key markets where we’ve seen sustained growth”, said IMG CEO, Kam Pasha.
“IMG being an engineering driven manufacturer of critical machined components with a well-established organizational culture of quality assurance, reliability and continuous process improvement expressly fits our investment strategy,” said Brian Miller of Addison Capital Partners. “And ACP is excited to partner with management in support of the next phase of growth for the IMG enterprise.”
Integrated Manufacturing Group is a US-based, vertically integrated, manufacturer of process sensitive, critical and highly engineered components, tools and systems. The breadth of engineering, process controlled and complex precision machining capabilities at IMG provide OEMs flexible and responsive solutions for the manufacture of quick turn, prototype, as well as, highly engineered components at scale for semiconductor, aerospace and defense, and energy applications. For more information, please visit www.imgprecision.com.
About Addison Capital Partners
Addison Capital Partners is a private equity investment firm that seeks out partnerships with owners and operators of “smaller” middle market growth companies, often that are closely held or family owned businesses, to provide legacy stewardship, liquidity, growth capital and management resources to grow and build exceptional enterprises. For more information, please visit www.addisoncapitalpartners.com.
For more information please contact Kam Pasha at IMG, [email protected] or 917.273.1100.