CARLSTADT, N.J.—Mergers and acquisitions advisory firm Everingham & Kerr, Inc., reported that Star-Glo Industries, LLC’s Swiss Screw Machining Business has been acquired by Accudynamics, LLC, a portfolio company of Makers Forward, LLC. The acquisition strengthens Accudynamics’s capabilities and capacity with additional Swiss machining, according to a release from Everingham & Kerr. Terms of the transaction were not disclosed.
Founded in 1950, Star-Glo Industries (SGI) is a manufacturing company that specializes in custom precision CNC Swiss screw manufactured parts and assemblies. The company’s client base includes commercial and government markets, such as military, aerospace, electronics, inflation components, transportation, welding, packaging, and business machines. Star-Glo Industries is ISO certified, ITAR registered, and DFARS compliant.
Accudynamics, headquartered in Lakeville, Massachusetts, provides high-precision manufacturing services, including machining, assembly, design for manufacturing, and cost reduction projects. The company serves customers in the medical, defense, industrial, and other commercial markets.
Makers Forward, headquartered in Summit, New Jersey, is an investment company focused on middle market North American manufacturing businesses.