BTX Precision Completes Acquisition of Addison Precision Manufacturing!

BTX Precision is excited to announce the successful acquisition of Addison Precision Manufacturing (APM), marking its first acquisition of 2024. Located in Rochester, New York, APM is renowned for its expertise in producing sophisticated and complex machined components and assemblies, serving a variety of major end markets.

APM specializes in machining parts ranging in size from 0.050″ to over 50″, with a proven ability to meet the industry’s tightest tolerances. This reputation for precision and quality aligns seamlessly with BTX Precision’s commitment to delivering world-class manufacturing solutions.

Rick McIntyre, Group CEO of BTX Precision, emphasized the importance of this acquisition:
“APM is a prototypical acquisition for BTX, and we look forward to them doing great things within the BTX ecosystem alongside our other compelling and complementary business units and offerings.”

Rodney Champagne, owner of APM, expressed enthusiasm about the acquisition, stating:
“Both APM and BTX are committed to manufacturing the highest quality and most complex parts demanded in industry today. This alignment in philosophies and priorities ensures the next chapter of APM’s story will be one of continued success.”

Under the leadership of Eric Caudill, who will continue as President, APM will maintain its operational independence while benefiting from BTX’s resources and strategic support. Caudill’s 25 years of successful leadership will ensure that APM’s tradition of excellence and innovation continues uninterrupted.

The acquisition of APM marks BTX Precision’s fourth acquisition and highlights the company’s strategy of acquiring and integrating high-performing manufacturing businesses. By adding APM’s advanced capabilities and market presence, BTX strengthens its position as a critical partner in demanding industrial sectors.

BTX Precision is a private equity-backed precision manufacturing platform focused on serving industries requiring sophisticated and capable development and production partners. With a name derived from Build to X (Print, Specification, Standard, Desire, etc.), BTX and its subsidiaries pride themselves on being design and manufacturing extensions of their partners. Through strategic acquisitions and investment, BTX continues to expand its role as a leader in precision manufacturing.

The addition of Addison Precision Manufacturing further exemplifies BTX’s commitment to excellence, innovation, and growth, solidifying its place at the forefront of the precision manufacturing industry.