Portfolio
ZJM Equity and Broadgate Capital are currently executing a “Buy and Build” strategy in the Precision Metal Manufacturing space. Our holding company, Precision Metal Holdings, Inc. has made 2 acquisitions:
In 2021, we acquired Accurate Fabrication, LLC (www.accuratefab.net) based in Hartford, Wisconsin. Founded in 1992, Accurate has built a strong reputation providing OEMs with high quality parts and service, providing precision metal fabrication using state-of-the-art equipment and production methods. Operations include laser cutting, punching, bending, welding, and assembly.
In 2022 we acquired General Metals (https://generalmetalsinc.com/) based in Pine Level, North Carolina. General Metals is a precision manufacturer of custom metal products founded in 1994. Operations include shear, CNC punching, stamping, press brake, hardware insertion and tapping, welding, assembly, warehouse and shipping.
We are actively pursuing other targets in the Precision Metal Manufacturing space.
ZJM Equity and Broadgate Capital are currently executing a “Buy and Build” strategy in the Electronic Manufacturing Services (“EMS”) space. Our holding company, EMS Acquisition Holdings, Inc. made its first acquisition in October 2020 (GDM Electronic & Medical, LLC, www.gdm1.com based in San Jose, CA). GDM is a manufacturer of electro-mechanical and electronic systems for the medical, military, robotic, and autonomous vehicle markets, in addition to providing aftermarket repair and refurbishment services. We are actively pursuing other targets in the EMS industry.
ZJM and Red Arrow Capital made an equity investment in Green Sheen Paint. Based in Denver, Colorado, Green Sheen is the nation’s leading recycler of latex paint with operations in Colorado, Arizona and Washington.
ZJM and Broadgate Capital co-sponsored the acquisition of Wizard Manufacturing. Based in Chico, California, Wizard designs, builds, installs, and maintains premium hulling, drying, and processing equipment for tree nut and olive growers globally. Founded in 1933, Wizard is a well-known and respected brand across multiple nut industries. Orix Mezzanine and Private Equity provided subordinated debt and equity financing. Senior debt was provided by Independent Bank. ZJM and Broadgate exited the business as part of a recapitalization.
ZJM and Broadgate Capital co-sponsored the acquisition of Inland Metal Technologies located in Hayward, CA. IMT is a leading provider of precision metal fabrications, frames, weldments and custom enclosures. Marquette Capital and Plexus Capital provided subordinated debt and preferred equity financing. Senior debt was provided by Colorado Business Bank.
ZJM and Broadgate Capital sponsored the acquisition of Dynamic Tube, Inc. (DTI), located in Maquoketa, Iowa. Since 1978, DTI has been manufacturing tube and pipe assemblies specified by agricultural, mining and railroad equipment companies for use in the construction of diesel/gas engines, hydraulic stations, cooling and air systems. The company has long-standing relationships with many blue-chip Fortune 500 customers. Marquette Capital Partners and Parkway Capital provided subordinated debt and preferred equity financing.
ZJM partnered with Broadgate Capital, Gladstone Investment Corporation (NASDAQ: GAIN) and management on the recapitalization of Star Seed. Star Seed produces, conditions and markets high quality seeds to the agriculture industry. The Company is headquartered in Osborne, Kansas. Star Seed was sold to Sequel Holdings.
ZJM Equity and Broadgate Capital sponsored the acquisition of the predecessor company to ALM Positioners, Inc., a leader in the custom manufacturing and design of positioners and lifting equipment based in Rock Island, Illinois. Kansas Venture Capital, MidStates Capital, and Invest America provided subordinated debt and preferred equity for the transaction. Academy Bank provided senior debt financing. ZJM and Broadgate exited the business as part of a recapitalization.
ZJM, together with First Capital Partners and Broadgate Capital, sponsored the majority recapitalization of Century Tool & Gage. Century Tool manufacturers compression molds and secondary tooling for the automotive, heavy truck, aerospace and personal watercraft industries. Century Tool is located in Fenton, Michigan. First Capital Partners provided the subordinated debt financing in addition to its equity investment. Enterprise Bank & Trust provided the senior debt financing. Century was sold to the Tooling Tech Group.
ZJM, together with First Capital Partners and Broadgate Capital sponsored the acquisition of Bestronics. The company specializes in providing printed circuit board and box assembly services to a diverse base of OEMs in the industrial, medical, power and other markets. Bestronics is located in San Jose, CA. First Capital Partners provided the subordinated debt financing in addition to its equity investment. Enterprise Bank & Trust (St. Louis, MO) provided the senior debt financing. Bestronics was sold to New Water Capital https://www.newwatercap.com/
ZJM has an investment in Reel Power. Dubin Clark is Reel Power’s largest shareholder. Reel Power is a holding company that owns 3 operating companies:
- Tulsa Power designs, manufactures, sells, and services heavy equipment and other products used in the handling of materials such as wire, cable, tubes, hoses, rope, and other flexible materials. Tulsa Power is located in Tulsa, OK;
- Reel-O-Matic designs and manufactures machinery for reeling and coiling of wire, cable, tubing, wire rope, rope, steel, fiber optic material. Reel-O-Matic is located in Oklahoma City, OK;
- Radoil is a manufacturer of offshore drilling and production equipment, primarily sold directly to oil and gas and energy services companies for use in offshore drilling and production. Radoil is located in Houston, TX.