CORE Industrial Partners (“CORE”), a manufacturing, industrial technology, and industrial services-focused private equity firm, announced today the acquisition of Hudson Technologies (“Hudson” or the “Company”), a provider of specialty deep and shallow drawn stamping, by CORE portfolio company PrecisionX Group (“PrecisionX”). The highly complementary addition of Hudson to the PrecisionX platform continues CORE’s intent to build a mission-critical precision components business serving attractive end markets.
Formed in 2023, PrecisionX offers specialty deep and shallow drawn and progressive stamping as well as Swiss screw, CNC, and wire EDM machining technologies for growth-oriented end markets, including aerospace & defense, medical devices, and satellite & space. The platform covers approximately 400,000 square feet of manufacturing space with more than 650 employees across seven facilities. The Company holds ISO 9001, ISO 13485, and AS9100D certifications, in addition to ITAR and FDA registrations.
Founded in 1940, Hudson offers precision deep and shallow drawn stamping and progressive die stamping to manufacture metal enclosures, headers, diaphragms, and components using a variety of materials, from aluminum, stainless steel, copper, brass and titanium to specialty alloys, including Hastelloy, Haynes 242, HyMu80, Inconel, Kovar and Monel, among others. The Company augments its core stamping capabilities with dedicated in-house tool & die design and development as well as a broad selection of value-added finishing services, including annealing, anodizing, bead blasting, heat treating, painting, plating, polishing, and powder coating.
Hudson serves numerous end markets, including semiconductor, electronics, and industrials, with especially deep experience in the medical and aerospace & defense sectors. The Company has manufactured deep drawn mission-critical implantable medical devices, such as cardioverter defibrillators and neuromodulation products, for approximately five decades, and produces valves, sensors, diaphragms, housings, antenna, and actuators for aerospace & defense applications ranging from engine and flight control to communication and navigation. Headquartered in Ormond Beach, Florida, with approximately 150 machines, the Company holds an AS9100 certification and an ITAR registration.
Matthew Puglisi, Partner at CORE, said, “We believe Hudson, a long-recognized provider of deep and shallow drawn stamping, is an especially strong strategic fit with the PrecisionX platform. In addition to enhancing PrecisionX’s specialty stamping capabilities and capacity, the acquisition deepens the platform’s medical and aerospace & defense presence while aligning with its strategic focus on serving critical-use applications in those attractive end markets.”
Rock Lambert, Operating Partner at CORE, said, “It’s a pleasure to welcome Hudson to the PrecisionX platform. We believe Hudson’s impressive customer base of many industry-leading companies in demanding end markets speaks to both the Company’s differentiated manufacturing capabilities and its stringent focus on quality, both of which are a compelling fit with the platform.”
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