Heritage Equity Partners (HEP), a M&A advisor to distressed organizations and special situations, announced that it acted as investment banker and exclusive sell-side advisor to Arlington Machine and Tool Company in the recently completed sale of the company to Arlington Precision Components, an entity affiliated with leading middle market private investment firm, Rift Valley Equity Partners.

HEP was retained by Arlington Machine and Tool to explore a strategic sale of the company to a buyer who could support the working capital needs of the growing CNC machining shop and manufacturing operations. HEP quickly obtained an offer from Arlington Precision, an entity formed by Rift Valley Equity Partners, and determined it to be the most desirable and best option for the company.

Commenting on the sale, John J. Staudinger, president of Arlington Precision Components and former chief operating officer of Arlington Machine and Tool stated, “Because of Heritage Equity Partners process, we were able to put the company into a position where we are now hiring, expanding, and are assured to be successful and to grow substantially in the future. Because of this transaction, the future of Arlington looks brighter than ever.”

Arlington Machine and Tool was founded in 1963 by John Staudinger with one lathe, and over the years, grew into a leading manufacturer of close-tolerance, machined components for the aerospace, defense, semiconductor and healthcare sectors.