Valley Machine joins ARCH Global Precision
ARCH Global Precision, a Strength Capital Partners platform company focused on precision machined components and cutting tools & instruments, has acquired Valley Machine (“Valley”), located in North Plains, Oregon. Valley manufactures high precision-machined components for the semiconductor, medical, aerospace, optical & sighting, and energy markets. Andy Spiering will continue in his current role as General Manager of Valley.
“We are excited to announce our first acquisition that is located in the Pacific Northwest region of the country,” commented Eli Crotzer, ARCH Global Precision President and Chief Executive Officer. “Valley is a perfect fit for ARCH’s Precision Components Segment, as Valley has a strong foundation in precision machined components and detailed quality processes that will strengthen the Precision Machined Components division of ARCH. In addition, the acquisition provides us with access to several new end markets and customers. Lastly, we saw strong cultural alignment between Valley and ARCH, which is expected to be highly supportive of a smooth transition and integration process.”
“I am pleased to announce the sale of Valley to ARCH Global Precision” commented Mr. Anthony Spiering, President of Valley. Mr. Spiering further commented, “After careful consideration of several potential acquirers of Valley, I ultimately decided to sell the business to ARCH because of the strong fit with the culture in place at Valley combined with ARCH’s history of successfully executing transactions. I have great confidence that Valley will continue to grow and prosper under ARCH’s ownership and that ARCH will continue to recognize that the Valley employees are the true key to our success.” Mr. Anthony Spiering will continue on in his role as President of Valley for a short transitional period to ensure that all appropriate steps are taken to position Valley for continued success under ARCH’s ownership.