KKSP Precision Machining, LLC
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KKSP Precision Machining, LLC - overview
Established
1968
Location
-, IL, US
Primary Industry
Industrial Machinery
About
Based in the US, KKSP Precision Machining, LLC specializes in advanced precision machining solutions, delivering high-quality components to various industries, leveraging innovative technologies to enhance manufacturing processes. KKSP Precision Machining, LLC is focused on providing precision machining services. Founded in 1968, the company is headquartered in the US. In December 2024, Red Arts Capital acquired KKSP Precision Machining, LLC from Pine Grove Holdings and Mill Point Capital as part of a recapitalization.
The most recent funding round was a Buyout, raising USD 19. 230 mn from CW Industrial Partners, totaling USD 19. 230 mn raised to date. The company offers a range of innovative products and services tailored to meet the specific needs of its diverse client base.
Its core offerings focus on technology solutions that enhance operational efficiency and streamline processes for businesses in various sectors. These products are designed to address challenges such as data management, workflow optimization, and customer engagement. Target markets include North America, Europe, and Asia, where the company serves a clientele that includes small to medium-sized enterprises (SMEs) as well as larger corporations looking to leverage technology for competitive advantage. The end users of these products range from internal stakeholders within client organizations to consumers benefiting from improved services and products resulting from the company's solutions.
The company's revenue model is structured around a combination of direct sales and subscription-based services, catering to both B2B and direct-to-consumer segments. Businesses typically engage with the company through structured agreements that may include annual subscriptions for software services or one-time fees for product purchases. Clients can select from various pricing plans based on their specific needs, ensuring flexibility and scalability in usage. Flagship products are central to this revenue model, serving as key drivers for client acquisition and retention.
Through these transactions, the company aims to build long-term partnerships that facilitate ongoing support and enhancements for its offerings, ensuring sustained value for its clients. KKSP Precision Machining, LLC plans to utilize the recent acquisition to accelerate its next phase of growth. The company is focusing on the development of new products designed to enhance its market offering. Additionally, it intends to expand into new markets and geographic regions, though specific markets and timelines have not been disclosed.
The funding from the recent Buyout will support these growth initiatives.
Current Investors
Pine Grove Holdings, Mill Point Capital
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery, Steel & Metals
Website
www.kksp.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
KKSP Precision Machining, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | KKSP Precision Machining, LLC | - | ||||||||
| Add-on | Completed | Hy-Production, Inc. | - | ||||||||
| Secondary Buyout | Completed | KKSP Precision Machining, LLC | - | ||||||||
| Buyout | Completed | PRO-Manufactured Products, Inc. | - | ||||||||
| Add-on | Completed | Prime Engineered Components Inc. | - |
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