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Cass Precision Machining Acquires Microfab

Oct 21, 2021•almost 4 years ago

Acquiring Company

Cass

Acquired Company

MicroFab

Information TechnologySoftware

Description

Cass Precision Machining announced that it acquired Micro-Fab, a precision machining company based in Brooklyn Park, MN, on July 1, 2021. Micro-Fab will operate as a division of Cass Precision Machining, serving the aerospace, defense, and medical industries.

Company Information

Company

Cass

About

Founded in 1945, Cass Precision Machining provides precision machining services including Swiss Machining, CNC Machining, Screw Machining, and Finish Grinding to OEM firms worldwide. For more information, visit www.cassprecisionmachining.com or contact Derick White, Director of Sales, 763-298-3201, or dwhite@cassprecision.com. SOURCE Cass Precision Machining

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed