Image Alt

Promus Equity Partners Announces the Acquisition of A&K C.N.C. Machining, LLC by QCC, LLC

Promus Equity Partners Announces the Acquisition of A&K C.N.C. Machining, LLC by QCC, LLC

Chicago, Illinois, January 22, 2015 – Promus Equity Partners, LLC (“Promus”) in partnership with Grace Equity, an independent sponsor is pleased to announce the acquisition of A&K C.N.C. Machining, LLC (“A&K”) of Northbrook, IL by QCC, LLC (“QCC”).

QCC is based in Harwood Heights, IL and is a world-class provider of manufacturing services that specializes in precision machining, assembling and testing complete products and machined components. Through its Qualiseal Technology division the company designs and manufactures custom-engineered mechanical seals for aerospace applications.

A&K was founded in 1965 by the late Anton Kastory and has operated as a family owned business under the leadership of his son Frank for the last 15 years. A&K specializes in build to print production of small and medium size runs of high tolerance metal products made from aluminum, stainless steel, titanium and exotic metals. The company has long standing relationships with customers in the energy, aerospace and medical industries.

Jon Goreham, QCC’s President said, “I am thrilled that Frank has chosen to entrust us to carry on the legacy of his family business. A&K expands our turning capabilities and adds a group of talented and hardworking machinists to the QCC family.” In addition, “We are excited to build upon the long standing customer relationships at A&K and make the full capabilities of QCC available to them.”

This transaction marks the second acquisition of a family owned machining business by QCC in the past twelve months. Sarah Wuellner, a partner at Promus, said “We have a high degree of confidence in the team at QCC and are thrilled to invest in the expanding breadth and depth of the company. We continue to be an active buyer of the specialty machining companies and hope that we will be a preferred option for business owners ready for a transition.”

Terms of the investment were not disclosed.

For more information on this acquisition, please contact Sarah Wuellner or Mike Weaver.

Visit the following websites to learn more.