Nichols Portland, Inc., a Portfolio Company of Altus Capital Partners, Acquires Alpha Precision Group LLC
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Monday, January 10, 2022
Automotive, General Automotive, Automotive Manufacturing, Other Automotive, Manufacturing, Other Manufacturing, APG, Solution, Automation, Growth, LLC, CEO, Workforce, Technology, Acquisition, CNC, Powder metallurgy, Altus, 3D printing, Nichols Portland, Inc., Altus Capital Partners, NICHOLS PORTLAND, INC., ALTUS CAPITAL PARTNERS
(Nichols or the Company), a leading provider of components (Powder Metallurgy & Steel) and niche assemblies utilized in various applications including fluid transfer, today announced it has acquired assets of Alpha Precision Group, LLC (APG).
Key Points:
- (Nichols or the Company), a leading provider of components (Powder Metallurgy & Steel) and niche assemblies utilized in various applications including fluid transfer, today announced it has acquired assets of Alpha Precision Group, LLC (APG).
- Nichols is a portfolio company of Altus Capital Partners , an investment firm focused on middle market industrial companies headquartered in the U.S. Financial terms of the transaction were not disclosed.
- Nichols has more than 85 years of continuous experience in the manufacturing, design, application, testing and validation of these products.
- Altus Capital Partners is a private equity firm that makes control investments in middle market manufacturing businesses that employ technology and automation.