The Anderson Group has sold F.K. Instrument Co., LLC to Andra Tech Group, a portfolio company of Castik Capital

F.K. Instrument Co., LLC

F.K. Instrument Co., LLC (FK Instrument) is a precision machining business that provides some of the world’s most renowned businesses with mission-critical components which are required to meet incredibly tight tolerances. The company is established as a key partner, from prototype to production, to a dynamic, global customer base across semiconductor fabrication and aerospace & defense (A&D).

The Deal

Lincoln International acted as the exclusive investment banking advisor to the founding Klopfer family and equity partner, The Anderson Group, on the transaction. Lincoln’s global, cross-border team delivered unique international buyer insights and execution expertise to achieve a high-quality outcome for the owners amid a dynamic market backdrop. FK Instrument’s highly technical and differentiated capabilities align well across Andra Tech Group’s existing portfolio of solutions and further positions the combined entity as an integral supply chain partner within the semiconductor fabrication and A&D sectors. The acquisition is a first step in Andra Tech Group’s strategy to grow and scale its operations beyond Europe.

Our Perspective

Chaim Lubin, Sibert Meulenbelt and Justin Barnes, Lincoln International officers who led the transaction, commented, “We are thrilled to have advised The Anderson Group and FK Instrument on this important transaction. The combination of FK Instrument with Andra Tech Group creates a truly global platform with a differentiated expertise in high-precision machining for critical applications. This transaction represents another successful outcome in the semiconductor and A&D machining sector and underlines our position as a leading investment bank in the space.”

The Anderson Group

The Anderson Group is an operationally-oriented private equity firm based in St. Petersburg, Florida. Founded in 1985 in Bloomfield Hills, Michigan, The Anderson Group has a long and successful track record of acquiring and growing companies at the lower end of the middle market across a vast array of circumstances. Over the firm’s more than 40-year history, The Anderson Group has completed more than 80 investments. For more information, please visit www.andersongroup.com.

Andra Tech Group

Following the acquisition, Andra Tech Group consists of 11 companies, operating on 13 production sites across Europe and the United States. The group specializes in producing high-quality precision mechanical parts and modules. The over 800 technical professionals employed by Andra Tech Group serve customers in various industries, including semiconductor fabrication, packaging, food, mobility, medical and aerospace. For more information, please visit andratechgroup.com.

Castik Capital

Founded in 2014, Castik is a private equity investment manager acquiring majority ownership positions in European-based companies where long-term value can be generated through active partnership with management teams and founders. Castik focuses on creating market leading firms by consolidating highly fragmented markets and investing in high-quality, growing businesses led by strong management teams and backed by secular trends. Sector focus covers technology-enabled business services, software and internet platforms, specialist healthcare and industrial technology. Castik works with their portfolio companies to accelerate growth trajectories by accessing new markets, add-on M&A and developing the core business through digitalization, innovative products and technology. For more information, please visit www.castik.com.

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