Compass Group Equity Partners has announced a partnership with Koma Precision, a provider of precision machine tool accessories, custom-engineered manufacturing solutions, calibration services and aftermarket support. Headquartered in Connecticut with operations in Indiana, Koma Precision has served manufacturers since 1982. The company has built its business around precision machining products, calibration services and technical support for customers across the manufacturing sector.
The partnership follows Compass Group’s investment research into the calibration services market and marks an effort to expand Koma’s product, service and aftermarket capabilities. The existing ownership and management team will retain a meaningful stake in the business and continue to manage day-to-day operations.
Ryan Roepke, Director at Compass Group, said Koma’s technical capabilities, customer relationships and aftermarket service network made the company a strong fit with the investment firm’s focus on industrial businesses serving critical manufacturing applications. “Our goal is to partner with management to help build on this strong foundation with continued organic growth and opportunities for strategic add-ons,” Mr Roepke said.
Dave Meo, Chief Executive Officer of Koma Precision, said the partnership would provide additional resources and strategic support for investment in employees, capabilities and product development. The companies intend to build on Koma’s existing strengths while maintaining the service standards and customer relationships developed over more than four decades.
Koma Precision provides precision machine tool accessories and related manufacturing solutions to customers requiring specialised equipment and technical services. Its calibration business and aftermarket operations are also important parts of its service offering.
The transaction represents the sixth platform investment from Compass Group’s Fund III, which closed in April 2024 with $408 million in commitments. The Compass Group transaction team included Roepke, Kevin Pavlacic, Vice President, Tyler Wilson, Associate, and Matt Leritz, Associate.
Compass Group was advised by K&L Gates, while Koma Precision was advised by CIBC. The partnership is expected to support Koma’s continued growth through investments in its workforce, capabilities and product portfolio. It also provides scope for expansion through organic growth and potential strategic acquisitions.
Compass Group Equity Partners is a St Louis-based private equity firm that partners with founders and management teams to support the growth of lower middle-market businesses. Founded in 2014, the firm combines a thesis-driven investment approach with extensive experience in operations, finance and strategy.
Compass Group works closely with portfolio companies to accelerate growth, strengthen business performance and create sustainable long-term value. Its collaborative approach is focused on supporting management teams while building stronger, more scalable businesses.