Janes Capital Partners advises Pyramid Precision Machine on its sale to CoreDux, a portfolio company of Arcline Investment Management
Irvine, CA (September 26, 2023) – Janes Capital Partners advised Pyramid Precision Machine, Inc. on its sale to to CoreDux Group, a portfolio company of Arcline Investment Management. The transaction closed on August 29, 2023.
Founded in 1988 and based in San Diego, Pyramid is a leader in the design, development, and manufacture of high-complexity components and sub-assemblies for next-generation semiconductor manufacturing, aerospace, and energy transition value chains. Pyramid combines design, engineering, and high-quality manufacturing & machining capabilities across its ISO 9001 and AS9100-certified manufacturing footprint to create precision components for customers that span the forefront of semiconductor lithography to industrial gas turbine technology.
CoreDux is a vertically integrated manufacturer of proprietary, ultra-high purity flexible flow control and conveyance components and systems used in the most demanding high-tech applications including semiconductor manufacturing, space and aeronautics, and clean mobility. The Company has built a reputation for providing innovative, highly engineered components and systems for the most demanding high-tech customers around the world and helping address some of today’s most pressing challenges, from leading-edge semiconductor manufacturing to clean mobility solutions that combat climate change. Arcline acquired CoreDux on June 1, 2022.
Robert (Bob) Taylor, owner and founder of Pyramid Precision Machine, said, “Janes Capital Partners’ performance was truly impressive. Their commitment, attention to detail, and professionalism were truly noteworthy and reassuring. They followed a structured approach, shared invaluable insights, and reached out to an extensive list of industry contacts. Janes Capital Partners successfully identified a great buyer among several interested parties, resulting in a deal that exceeded our expectations.
About Janes Capital Partners
Based in Irvine, CA, Janes Capital Partners is a leading investment banking firm focused solely on the Aerospace and Defense industry. The firm provides mergers and acquisition advisory services and assists clients in executing growth strategies and liquidity events. The members of Janes Capital Partners have completed more than 80 successful A&D transactions and $5.5 billion in closed transaction value. Securities transactions are conducted through JCP Securities, Inc., a registered Broker/Dealer, member FINRA/SIPC, and registered Investment Advisor.
Janes Capital Partners is an independent financial advisory firm that is affiliated with Oaklins International Inc. Oaklins is the world’s most experienced mid-market M&A advisor, with 850 professionals globally and 15 dedicated industry teams in 45 countries.