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.
Steve Jenkins
President, Chancey Metals, LLC
Talk to the deal team
Related deals
JP Chick & Partners has been acquired by Qflow
J P Chick & Partners Ltd. has been acquired by Qflow Group AB, strengthening Qflow’s presence in the UK. With nearly 40 years of experience, an established presence in the East of England and broad expertise in structural, civil and environmental engineering, J P Chick complements the capabilities of Qflow’s existing UK businesses. The acquisition further expands Qflow’s UK operations and strengthens its multidisciplinary engineering offering.
Learn moreDe Groot Installatiegroep has acquired a stake in Pesch Electrotechniek
De Groot Installatiegroep has acquired a stake in Pesch Electrotechniek, a specialist in industrial electrical installations and electrical engineering services based in Rozenburg, the Netherlands. Through the acquisition of Pesch, De Groot Installatiegroep enters the industrial electrical installation market and establishes a presence in the Rotterdam port region. For Pesch, the partnership provides access to the resources, capabilities and broader technical expertise of a larger installation group, while allowing the company to build on its existing customer relationships and specialist market position.
Learn moreValuation advisory has been provided to a co-investor in VDK
EMK Capital has transferred VDK Groep B.V. from EMK Capital Partners Fund I into the newly established US$1.4 billion single-asset continuation fund, the EMK VDK Partnership Fund, alongside a co-investment from EMK Capital Partners Fund III. The transaction, co-led by LGT Capital Partners and Coller EQT, provides existing investors with the opportunity to retain their exposure to VDK while securing additional capital to support the company’s continued growth and buy-and-build strategy.
Learn more