- people on the move
Owner sells CNC machining business
A pair of local investors have acquired a longtime CNC machining business from its founder and owner.
Husband-and-wife investors David Lefere and Carey Lefere acquired Wyoming-based Precise CNC Routing from Rick Lemson last month, according to Grand Rapids-based Calder Capital.
Established in 1995 by Lemson, Precise CNC Routing is a family business that offers CNC machining, digital and screen printing, wood powder coating, plastic fabrication and fulfillment services.
Lemson is selling the business so he can retire with his wife, Laura Lemson, who is the company’s CFO.
The buyers of Precise CNC Routing were “a perfect fit” for the Precise CNC Routing, according to Calder Capital.
David Lefere over the past 13 years had built a practice representing manufacturing businesses in Michigan as an attorney with Mika Meyers.
Matt Uhl, mergers and acquisitions associate for Calder Capital, served as the lead adviser for Precise CNC Routing during the transaction.
The Precise CNC Routing transaction marked the 22nd and final transaction of 2019 for the Calder Capital/Small Business Deal Advisors team.