Location
Milwaukee, WI
Industry
Industrial Products & Services
Investment Status
Current
Investment Date
Nov 2016
Website
www.inplace.comHeadquartered in Milwaukee, WI, In-Place Machining Company provides precision on-site machining and other field services to a wide range of industrial, scientific and military customers throughout the world. IPM leverages its highly skilled workforce and significant inventory of dedicated machine tools and systems to solve its customers most challenging and complex needs.
Add-On Acquisition Criteria
Ideal Target Characteristics
Field machining, precision alignment &
measurement, diamond wire cutting
Size
Revenue
$1mm+
EBITDA
$500,000+
End Markets Served
Aerospace, bridges & moveable structures, fossil & nuclear power, general industrial, hydroelectric power, marine & military, mining & cement, petrochemical, steel & other metals
“We’ve always been pioneers in the field of on-site machining and are confident that Platte River is the right partner to help us maintain that legacy while achieving transformational growth.”
Testimonials are provided to demonstrate the benefits of working with the Platte River team. They are not provided to solicit limited partners in a Platte River Fund. Some portfolio company executives featured in the testimonials may also have an Interest in a Platte River Fund; such executives’ testimonials are not offered on the basis of being an investor in a Platte River Fund but rather as an executive who works with the Platte River team.