logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

BTX Precision acquires Addison Precision Manufacturing to strengthen manufacturing capabilities

Dec 10, 2024about 1 year ago

Acquiring Company

BTX Precision

Acquired Company

Addison Precision Manufacturing

Elk Grove VillageRochesterMechanical Or Industrial EngineeringManufacturingAerospace

Description

BTX Precision has announced the acquisition of Addison Precision Manufacturing, enhancing its manufacturing capabilities and expanding its market presence.

Company Information

Company

BTX Precision

Location

1800 Greenleaf Ave

Elk Grove Village, Illinois, United States

About

BTX Precision is a privately held, capital sponsored precision manufacturing platform focused squarely on the corners of the supply chain which demand the most sophisticated and capable development and production partners. B (Build) T (To) X (Print, Specification, Standard, Desire, Etc) Precision signifies the contract manufacturing nature of the BTX family of companies' business, and the design for manufacturing partner role they often play. As such, BTX and its subsidiaries pride ourselves on being a design and precision manufacturing extension of the partners in industries we serve.

Related People

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed