Bison Capital and Angeles Equity Partners Acquire Precision Surfacing Solutions
Bison Capital Partners VI, LP (Bison Capital) and an affiliate of Angeles Equity Partners, LLC (Angeles) have acquired Lapmaster Parent, LLC (Precision Surfacing Solutions or PSS), a manufacturer of specialized precision machinery for lapping, grinding, cutting, and polishing substrates used in the manufacture of precision parts in semiconductor, aerospace, and general industrial markets.
- Bison Capital Partners VI, LP (Bison Capital) and an affiliate of Angeles Equity Partners, LLC (Angeles) have acquired Lapmaster Parent, LLC (Precision Surfacing Solutions or PSS), a manufacturer of specialized precision machinery for lapping, grinding, cutting, and polishing substrates used in the manufacture of precision parts in semiconductor, aerospace, and general industrial markets.
- Bison Capital is excited to be investing in PSS alongside Angeles and Brian Nelson, an industry veteran who grew PSS over 20+ years, said Doug Trussler and Kurt Pilecki, Managing Partners at Bison Capital.
- Bison Capital is a Los Angeles and New York-based private equity rm that makes growth capital investments in middle-market companies, public or private, for expansion, acquisitions, and balance sheet recapitalizations.
- Angeles Equity Partners, LLC is a specialist lower middle-market private equity investment firm with a consistent approach to transforming underperforming industrial businesses.