Prince Industries announces strategic acquisition of Bradford Machine

Prince Industries, a prominent player in precision machining and sheet metal fabrication, has announced the successful acquisition of Bradford Machine. The terms of the deal, orchestrated by HC Private Investments, Prince’s parent company, remain undisclosed.

Bradford Machine, headquartered in Brattleboro, VT, is renowned for its fully automated precision machining facility that specializes in tight tolerance manufacturing.
“This acquisition marks a substantial enhancement to our medical device manufacturing capabilities,” stated Mark Miller, CEO of Prince.

“Bradford’s long-standing customer relationships and advanced machining technology align perfectly with our vision to provide comprehensive manufacturing solutions on a national scale.”

Since May 2022, under the strategic guidance of HC Private Investments, Prince has been on an acquisition spree, adding Precision Shapes and Vulcan Machine to its portfolio prior to securing Bradford.

The company’s aggressive expansion strategy is focused on organic growth and targeted acquisitions within key industries.

Legal advisory for the transaction was provided by Winston & Strawn LLP, while Mirus Capital Advisors acted as the financial advisor to Bradford. The acquisition was supported by debt financing from Wintrust Financial Corporation, Signature Bank, and Midwest Mezzanine Funds.

Prince Industries, acquired by HCPI in 2022 and still under the leadership of founding family member Mark Miller, boasts over 400 employees and operates six manufacturing facilities worldwide.
The company is dedicated to delivering a comprehensive range of services, including engineering, product design, material selection, welding, powder coating, and assembly, catering to industrial, aerospace, and medical markets.

HC Private Investments, a private equity firm, focuses on investments in niche manufacturing businesses within the lower middle-market segment. Representing the family office of Joe Niciforo, HCPI also invites select family offices and individual investors to partake in its transactions, providing a stable and patient capital foundation.

As a pioneering institutional investor, HCPI’s mission is to collaborate with business owners and management teams to uncover growth opportunities and realize the full value potential of their enterprises.

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