Betty Machine, Inc.
IOP Fund II
Acquisition Date: | July 2013 |
Status: | Exited |
Headquarters: | Hendersonville, TN |
Description
Precision machining manufacturer of close-tolerance parts primarily for automotive applications. Merged into GT Technologies.
Operating Thesis
Provide leadership to existing management team
Create fundamental improvement in operating performance:
- Expand the operations team to drive sales growth and operational improvement
- Reduce costs through automation capital investment
- Expand the book of business with both committed new business and sighted new business opportunities