Sun Acquisitions announced today the successful acquisition of Zircon Precision Products, a precision aerospace machine shop, by CLM Equity Partners. CLM Equity Partners engaged Sun Acquisitions in a nation-wide buy-side search to find an aerospace parts manufacturer to acquire and operate.
For over 50 years, Zircon Precision Products, located in Tempe, Arizona, has operated as a precision aerospace machining business supporting both commercial and military applications. Through its CNC machining and other specialized capabilities, Zircon produces precision aerospace machined parts and has built a strong reputation for quality throughout the aerospace industry.
Matthew Locci, President and CEO of CLM Equity Partners, stated, “We are very pleased to acquire Zircon Precision Products and continue its fine legacy. We also would like to thank Sun Acquisitions for all their support and advice throughout the marketing and execution phases of the deal process. Sun Acquisitions’ process was controlled and thorough and put CLM in the best possible position to complete the transaction.”
Larry Sanderman, Vice President of Buy Side Services with Sun Acquisitions, led this nationwide buy-side engagement for CLM which generated Zircon as one of many proprietary deal flow opportunities. Larry noted, “It was a tremendous pleasure working with CLM and Zircon on this transaction and I am confident CLM will carry on Zircon’s legacy and commitment to customers well into the future.”
About Sun Acquisitions
Sun Acquisitions is a Chicago based mergers and acquisitions firm. We work with clients that are interested in the confidential sale, acquisition or valuation of privately held middle market and main street companies. Our professionals have significant experience and knowledge to thoroughly guide clients through each stage of the sale or acquisition process.Sun Acquisitions has successfully managed and handled engagement across all industries and is recognized as a leading M&A advisory firm in the Midwest.
If you are interested in buying or selling a business, contact us at (773)-243-1603 or email [email protected].