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BOSTON–(BUSINESS WIRE)–Excelus Manufacturing Solutions (“Excelus”) a leading precision machining supplier, is thrilled to announce its achievement of the AS9100 certification, a significant milestone underscoring the company’s commitment to excellence in aerospace and defense industries.

“This milestone represents a pivotal moment in our company’s journey, and we are proud to further enhance our commitment to delivering precision and excellence to our customers. Now more than ever, the aerospace industry needs top-tier suppliers willing to invest for excellence and Excelus is up to the challenge.”

Alongside this achievement, Excelus has invested in additional cutting-edge equipment, including state-of-the-art 5-axis machining centers complete with automated pallet systems, as well as mill-turn capabilities & advanced engineering talent. These advancements position Excelus as a key player in the aerospace and defense market, poised to serve mission-critical customers throughout the supply chain.

The AS9100 certification demonstrates Excelus’ adherence to rigorous quality management standards specifically designed for the aerospace industry. This achievement reflects the company’s dedication to meeting the highest levels of quality, reliability, and safety in its products and services.

“We are incredibly excited about achieving the AS9100 certification and expanding our capabilities to better serve the aerospace and defense sectors,” said Mike Burke, CEO of Excelus. “This milestone represents a pivotal moment in our company’s journey, and we are proud to further enhance our commitment to delivering precision and excellence to our customers. Now more than ever, the aerospace industry needs top-tier suppliers willing to invest for excellence and Excelus is up to the challenge.”

With this certification and these investments, Excelus aims to bolster its position as one of the premier aerospace and defense-focused precision machining suppliers in the US. The addition of advanced equipment underscores Excelus’ dedication to staying at the forefront of technology and innovation, enabling the company to meet the evolving needs of its customers with speed, precision, and efficiency.

Excelus remains dedicated to supporting the aerospace and defense industries with top-tier manufacturing solutions, unparalleled quality, and exceptional service taking a true partnership approach in all that it does for its customers. As Excelus continues to grow and expand its capabilities, it looks forward to further contributing to the success of its focus industry participants and the advancement of aerospace and defense technologies.

For more information about Excelus Manufacturing and its services, please visit www.excelusmfg.com.

Contacts

Tyler Ragsdale
Business Development Manager
Excelus Manufacturing Solutions
[email protected]
603-718-2187

Excelus Manufacturing Takes Flight with AS9100 Certification and Expanded Capabilities

Excelus Manufacturing Solutions Announces the Acquisition of Maclean Precision Machine

Original Post Business Wire

Excelus Manufacturing Solutions Announces the Acquisition of Maclean Precision Machine

BOSTON–(BUSINESS WIRE)–Excelus Manufacturing Solutions (“Excelus”), Sky Peak Capital’s (“Sky Peak”) precision manufacturing platform, is pleased to announce the acquisition of Maclean Precision Machine (“Maclean”), a leading supplier of tight tolerance parts to the Aerospace, Defense & Semiconductor industries.

“As we incorporate Maclean’s operations into the broader platform, we will integrate Rob’s commitment to Kaizen and advanced technological practices to continue to provide the utmost level of service our customers expect from Excelus.”

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The acquisition of Maclean will nearly double Excelus’ capacity and provide the company with substantial additional resources with a particular focus on difficult aerospace materials (Inconel, Monel, Waspaloy, Titanium, etc.) and large turning capabilities.

While Excelus is currently ISO 9001 & ITAR registered, the acquisition of Maclean will provide the company with a path to AS9100 certification later this year demonstrating dedication to continuous improvement and a commitment to the highest quality standards for its customers.

Founded over 40 years ago, Maclean has become a key partner for mission critical applications across the A&D and Semiconductor industries. Under the leadership of former GE Aviation Production Team Leader, Rob Patten, Maclean has honed its service offering with a relentless focus on zero defects, lean manufacturing practices and on time delivery. Rob has invested heavily in modernization and implemented many of the same practices employed at GE, bringing Maclean to the forefront of the precision machining industry.

“Partnering with Excelus is a natural progression in the lifecycle of Maclean and gives us the needed horsepower to capitalize on exciting opportunities in our target markets,” said Rob Patten, General Manager of Maclean. “We will build on the foundation we have at Maclean, and with the resources of the overall Excelus platform, further expand our capabilities, continuing to provide our customers with a best-in-class service offering.”

“Rob and his team have done an incredible job positioning Maclean as one of the preeminent suppliers in the Aerospace, Defense & Semiconductor industries,” said Mike Burke, Managing Partner at Sky Peak. “As we incorporate Maclean’s operations into the broader platform, we will integrate Rob’s commitment to Kaizen and advanced technological practices to continue to provide the utmost level of service our customers expect from Excelus.”

Burke added, “We continue to see the need to shore up supply chain shortfalls in the A&D and Semiconductor industries. With current global uncertainty and initiatives like the CHIPS Act, there is substantial support from senior leaders across both industry and government to build critical manufacturing infrastructure in the US. The acquisition of Maclean will provide Excelus with additional scale, expertise and resources to be in a position to provide leading edge solutions for these critical industries.”

Sky Peak was advised by BakerHostetler and Gallagher, Flynn & Co.

About Excelus Manufacturing Solutions

Excelus is a leading precision manufacturing solutions provider with over 50,000 sq ft across 3 facilities. With a focus on continuous improvement and the utmost quality, Excelus strives to be a true partner with its customers in some of the most demanding industries including Aerospace, Defense, Semiconductor, Medical, High-tech & Industrial.

About Maclean Precision Machine

Maclean Precision Machine is a supplier of tight tolerance precision components focusing on large turning and milling of difficult materials in the Aerospace, Defense, Medical & Semiconductor industries. With over 40 years of operations, Maclean has become known as a go to supplier for many of the world’s most discerning customers.

Contacts

Mike Burke
Managing Partner
Sky Peak Capital
617-899-8420
[email protected]

Sky Peak Capital Announces Acquisition of Hicks Machine and the Formation of Excelus Manufacturing Solutions

Original Article Business Wire

Sky Peak Capital Announces the Acquisition of Hicks Machine and the Formation of Excelus Manufacturing Solutions

BOSTON–(BUSINESS WIRE)–Sky Peak Capital (“Sky Peak”) is pleased to announce the acquisition of Hicks Machine (“Hicks”) and the formation of Excelus Manufacturing Solutions (“Excelus”).

“We look forward to building a one-stop, turn-key solutions provider focused on cutting edge technologies in engineering, machining, fabrication and beyond at a critical time in the lifecycle of U.S. manufacturing.”

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Excelus will serve as the holding company for Sky Peak’s current precision machining acquisitions, Jarvis and Hicks, and will focus on the Aerospace & Defense, Medical, High-tech and Commercial industries.

Excelus will be ISO 9001:2015 & ITAR registered and will continue to serve as Sky Peak’s acquisition vehicle in the precision manufacturing space. Future growth opportunities will target additional machining capabilities as well as sheet metal, fabrication and additive manufacturing.

Founded over 70 years ago, Hicks Machine is an ISO 9001 certified provider of tight tolerance, precision machining services. Under the leadership of Randy Hicks and General Manager Chuck Lipps, Hicks has become known for its ability to handle mission critical components with the utmost quality for some of the most demanding industries.

“We’re excited to partner with Sky Peak and launch the new Excelus platform,” said Chuck Lipps, General Manager of Hicks. “We look forward to building a one-stop, turn-key solutions provider focused on cutting edge technologies in engineering, machining, fabrication and beyond at a critical time in the lifecycle of U.S. manufacturing.”

“Randy and Chuck have truly dedicated their careers to building a differentiated manufacturing partner for their customers and I’m incredibly excited to build upon that foundation,” said Mike Burke, Managing Partner at Sky Peak. “We look forward to continuing the Hicks family legacy of excellence by deepening and broadening our service offering to our new and existing customers.”

Burke continued, “We believe the Northeast, with its deep industrial background, housing some of the top universities in the world, is poised to lead the charge in the renaissance of U.S. manufacturing excellence. We are excited by the ample opportunities we see for investment in best-in-class, peer-leading businesses and through Excelus will look to partner with leading companies & institutions to drive innovation and growth in the technologies of tomorrow.”

Sky Peak was advised by BakerHostetler and Gallagher, Flynn & Co.

About Sky Peak Capital

Sky Peak is a New England-based private equity firm focused on founder-led businesses with $2-10mm of revenue in manufacturing, industrial and B2B service businesses. The firm seeks to partner with founders to unlock meaningful value for all stakeholders and looks for inefficiencies of scale at an individual company level that can be substantially enhanced through unified ownership.

About Hicks Machine

Hicks Machine is an ISO 9001 certified, second generation, precision machine shop located in Walpole, NH. The company has been in continuous operation for over 70 years and provides a broad array of parts to a large variety of customers including those in the Aerospace & Defense, Medical, Microwave & Commercial industries.

Contacts

Mike Burke
Managing Partner
Sky Peak Capital
617-899-8420
[email protected]

Sky Peak Capital Announces the Acquisition of Jarvis Machine

Sky Peak Capital Announces the Acquisition of Jarvis Machine

BOSTON–(BUSINESS WIRE)–Sky Peak Capital (“Sky Peak”), a founder-focused, operationally-driven private equity firm, is pleased to announce the acquisition of Jarvis Machine (“Jarvis”), a leading supplier of precision machining services to the industrial, defense, photonics, firearms and pneumatics industries.

“We’re excited to partner with Sky Peak to continue to bring our customers best-in-class service offerings while expanding capabilities and building on our already top-notch team”

Jarvis represents the first acquisition in Sky Peak’s manufacturing platform, targeting founder-led, small-to-medium sized manufacturing businesses in highly fragmented markets with substantial scalability.

After making a strategic growth investment in February 2021, Sky Peak recently exercised its option to purchase the entirety of Jarvis, delivering value to the founder, Duane Jarvis, as well as certainty and commitment to Jarvis’ employees, customers and broader stakeholders. While Sky Peak will primarily target control transactions, its flexible mandate provides the ability to structure creative capital solutions.

Founded in 2009, Jarvis is a leading supplier of custom precision machining capabilities in the lower middle market. Backed by an industry leading team of programmers, machinists and engineers, Jarvis targets complex geometries in difficult materials and provides a personalized, tailored solution to its customers.

“We’re excited to partner with Sky Peak to continue to bring our customers best-in-class service offerings while expanding capabilities and building on our already top-notch team,” said Cedric Gaudette, General Manager of Jarvis.

“Jarvis has built a fantastic customer base and reputation over more than a decade and we’re excited to continue to help their great business thrive,” said Mike Burke, Managing Partner at Sky Peak.

Burke added, “We’re increasingly seeing an M&A imbalance in US manufacturing, particularly in the lower middle market, with a substantial number of original owners looking to retire. Coupled with significant overall demand and reshoring efforts, we’re incredibly excited about the opportunities to partner with additional, high-quality founder-led businesses in the industry. In fact, we’re currently in discussions with several others that would represent excellent additions to the platform.”

Sky Peak was advised by BakerHostetler and Gallagher, Flynn & Co.

About Sky Peak Capital

Sky Peak is a New England-based private equity firm focused on founder-led businesses with $1-10mm of revenue that might otherwise be overlooked by conventional lower middle market funds. The firm takes a hands-on, people-centric approach, focusing on building the right human capital foundation before looking to implement strategic initiatives and make disciplined capital investment. Sky Peak seeks to partner with founders to unlock meaningful value for all stakeholders and looks for inefficiencies of scale at an individual company level that can be substantially enhanced through unified ownership.

About Jarvis Machine

Jarvis Machine is a leading provider of custom machining capabilities in New England. Founded in 2009, Jarvis has been providing high quality precision components across a broad range of industries for over a decade. Jarvis prides itself on working with customers from concept to creation, providing both prototypes and large-scale production runs, focusing on complex geometries in difficult materials.

Contacts