Texas Precision MetalCraft, Inc. of Sugarland, Texas has been purchased by TPM Acquisition Holdings, LLC of Houston, Texas

HOUSTON, TX (December 22, 2022) – Gilbert & Pardue LLC (“GaP”) acted as exclusive advisor to Texas Precision Metalcraft, Inc. of Sugar Land, Texas, in its sale to TPM Acquisition Holdings LLC. The transaction closed on December 1, 2022.

About the Companies

Texas Precision Metalcraft, Inc.

Since 1969, Texas Precision Metalcraft (“TPM”) has offered investment casting services to a variety of industries including Energy, Medical, Food Processing, and more. TPM has earned an outstanding reputation for providing solution-oriented casting expertise to help its customers reduce and stabilize manufacturing costs.

TPM’s technology optimizes value through investment casting, water glass casting, sand casting, lost foam casting, and more as the Company is in constant collaboration with customers to help them recognize and utilize the best match of process to product function and to provide options on maximizing value.

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TPM Acquisition Holdings LLC

Led by Ankur Goel, TPM Acquisition Holdings LLC is a newly-formed entity created specifically for the purpose of continuing Texas Precision Metalcraft’s legacy. The “new TPM” leadership has decades of experience in precision machining and plans to make Texas Precision Metalcraft the centerpiece of their new holding company.

Matt Gilbert, Founding Partner of GaP shared, “the way in which the buyer and seller built such an instant rapport made this transaction a special one. They collaborated to create a mutually-balanced and fair transaction which was honored by the representation teams.”

Having spent over 40 years in business, law, and finance in the Houston area, David Sloan was counsel for TPM Acquisition Holdings LLC. Brett Moyer, Partner of Moyer Lewis LLP served as counsel for Texas Precision Metalcraft.

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Gilbert & Pardue – GaP Transaction Advisors

Gilbert & Pardue Transaction Advisors is a Houston-based business advisory firm serving lower middle market business owners from coast to coast through representation for Mergers & Acquisitions (M&A).

Matt Gilbert and Bret Pardue established GaP to provide owners of businesses generally enjoying annual revenue of $10-$80 million with the quality of M&A representation and value-enhancement services previously only available to upper middle and large businesses. GaP brings highly-experienced executives, sophisticated financial and marketing products, proven-effective processes, and fully-integrated expertise to every engagement.

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