Exact, Inc. has been sold to Chancey Metals, LLC

July 2023 — Chancey Metals, LLC has acquired Exact, Inc.

Chancey is a Jacksonville-based fabricator and installer of metal stair and railing systems. This is its fifth acquisition over the past four years. Prior to its most recent acquisition, Chancey acquired fellow Jacksonville companies CF Machine & Tool, FabTech Supply and SS Metals and Plastics. Chancey is a portfolio company of Indigo South Capital, a private family office that invests in public and private equities, venture capital opportunities and real estate.

Exact was founded in 1964 in Jacksonville, Florida, as a manufacturer of precision sheet metal and provides assembly for the electronic and communication industry. The company offers CNC (computer numerical control) machining and punching, laser cutting, zinc plating and mechanical assemblies.

Our role in the transaction

Oaklins Heritage in Jacksonville acted as advisor to the buyer in this transaction.

Service

M&A buy-side

Parties

“I cannot speak highly enough of the invaluable assistance provided by Oaklins Heritage during our acquisition of Exact, Inc. Their expertise and dedication were evident throughout the entire process, from tireless negotiation efforts to coordinating the due diligence process. Thanks to their guidance, we successfully expanded our operations and are now poised for significant growth in this market. Oaklins truly made a complex transaction feel seamless, and I wholeheartedly recommend their services to any business seeking strategic expansion.”

Steve Jenkins

President, Chancey Metals, LLC

Talk to the deal team

Bill Prescott

Principal

Jacksonville, United States
Oaklins Heritage

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