Strength Capital Completes Acquisition of ARCH Global Precision
Strength Capital Partners L.L.C., a Birmingham, MI based private-equity firm, has closed the acquisition of Hi-Vol Products, KEO Cutters and Richards Micro-Tool by Arch Global Precision LLC, a newly formed entity created to acquire the assets. The entities acquired will serve as the initial base for a national manufacturer of precision components and tools. ARCH Global is headquartered in Livonia-MI, with additional locations in Warren-MI and Plymouth-MA.
Hi-Vol Products is a supplier of tube nuts and highly engineered precision machined components to the automotive and industrial markets of North America . KEO Cutters and Richards Micro-Tool produce a variety of specialty precision tools such as combined drills and countersinks, spotting drills, end mills and countersinks for use in the medical and industrial markets of North America.
Strength Capital Partners will grow ARCH Global by investing in organic growth opportunities and through acquisitions.