InCompass™, a platform company of TJM Capital Partners, has reached a definitive agreement to acquire another prominent player in the machine tool industry, Bridgeport Machine Tool Company.
As a prominent manufacturer with a portfolio of world-class brands in the industrial machinery sector, InCompass has strategically expanded its portfolio by incorporating Bridgeport Machine Tool Company. Bridgeport is renowned for vertical milling machinery, providing customers with flexibility, speed, quality, and value.
“The inclusion of Bridgeport aligns seamlessly with our vision for growth,” said InCompass chairman Tom McDonough. “Bridgeport offers outstanding vertical milling solutions, opening up new avenues for us to cater to our valued customers.” The financial terms of the transaction remain confidential.
This strategic move to acquire Bridgeport enhances the InCompass global presence and bolsters its manufacturing capabilities, enabling the company to provide comprehensive solutions to a diverse range of customers, including job shops, OEMs and any other end-user looking to maximize productivity. “At InCompass, our paramount objective is to continually expand our array of solutions to support our clients’ growth,” said CEO Micah Coleman. “The integration of Bridgeport technology brings us closer to becoming the preferred partner for complete manufacturing solutions.”
With locations throughout the world, InCompass provides customers with the time-saving solutions and industry leading expertise they need to grow their business by bringing together industrial manufacturers offering innovative products and systems. InCompass is comprised of 5 divisions: wood processing, metal abrasive finishing, machine tools, coatings, and automation.
Bridgeport Machine Tool Company is a leader in machine tool solutions for the global manufacturing community. Specializing in vertical milling equipment, the company possesses the ability to take on the most challenging manufacturing applications. Bridgeport offers a comprehensive range of services, including repair parts, field service, retrofit, and rebuild.
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