Key Takeaways
- • Compass Group Equity Partners acquired Koma Precision, a Connecticut-based distributor of machine-tool accessories and provider of calibration and aftermarket services, marking the sixth platform investment for Compass Group Fund III.
- • Koma generates recurring revenue through calibration services and aftermarket support tied to regulated industries (aerospace, medical devices, defense) where equipment accuracy documentation is mandatory, creating revenue streams insulated from new-machine sales volatility.
- • The US machine-tool accessories and metalworking-machinery-accessories segment is forecast to expand by more than $15 billion through mid-decade, driven by manufacturing reshoring, electric-vehicle production demands, and federal defense and semiconductor spending mandates.
- • Compass Group Fund III closed in April 2024 at its $408 million hard cap; the firm invests up to $50 million of equity in Midwestern companies with enterprise values between $20 million and $200 million and EBITDA of $2 million to $15 million.
- • Koma's product portfolio includes rotary tables, angle heads, boring and facing heads, live tooling, tool presetters, and its proprietary SmartLoader automated tool-loading system, serving manufacturers in aerospace, automotive, medical devices, and defense sectors.
Summary
Compass Group Equity Partners has completed its acquisition of Koma Precision, a national distributor of machine-tool accessories headquartered in East Windsor, Connecticut, with additional operations in Indiana. The company, founded in 1982 by William Meo and currently led by CEO Dave Meo, supplies precision equipment and services to manufacturers in mission-critical industries. This transaction represents the sixth platform investment deployed from Compass Group Fund III since its April 2024 final closing at $408 million.
Koma Precision operates across three integrated business lines. The hardware distribution segment supplies rotary tables, angle heads, boring and facing heads, live tooling, tool presetters, and its proprietary SmartLoader automated tool-loading system to manufacturers operating computer-controlled machining equipment. The company also distributes the D'Andrea line of boring and facing heads. Beyond equipment, Koma runs a calibration business that verifies and corrects machining equipment accuracy—work that manufacturers in regulated industries must document to maintain certifications. The third revenue stream comprises growing aftermarket parts and support operations delivered through nationwide field infrastructure, complemented by custom engineering capabilities for application-specific tooling.
The acquisition aligns with favorable macro tailwinds in the industrial machinery sector. The US machine-tools market was valued at $26.8 billion in 2025 and is projected to grow 4.9% annually to $43.2 billion by 2035, according to market.us. The metalworking-machinery-accessories segment alone is forecast to expand by more than $15 billion through mid-decade, driven by three structural factors: manufacturing reshoring to the United States, rising electric-vehicle production requiring tighter machining tolerances, and federal defense and semiconductor spending that mandates domestic production. Koma's calibration and aftermarket service businesses benefit from regulatory compliance requirements in aerospace, medical devices, and defense, generating recurring revenue streams less correlated with cyclical new-equipment sales.
Compass Group targets Midwestern industrial and distribution businesses with enterprise values between $20 million and $200 million and EBITDA of $2 million to $15 million, deploying up to $50 million of equity per platform investment. The firm, founded in 2014 and headquartered in St. Louis, focuses on niche manufacturing and distribution opportunities where operational expertise and capital deployment can drive organic growth and strategic add-on acquisitions. CEO Dave Meo emphasized that the partnership provides "resources and strategic support to invest further in our people, expand our capabilities, and grow our product offerings," while Ryan Roepke, a director at Compass Group, noted the firm's intention to "help build on this strong foundation with continued organic growth and opportunities for strategic add-ons." CIBC served as financial advisor to Koma on the transaction.
Koma Precision operates across three integrated business lines. The hardware distribution segment supplies rotary tables, angle heads, boring and facing heads, live tooling, tool presetters, and its proprietary SmartLoader automated tool-loading system to manufacturers operating computer-controlled machining equipment. The company also distributes the D'Andrea line of boring and facing heads. Beyond equipment, Koma runs a calibration business that verifies and corrects machining equipment accuracy—work that manufacturers in regulated industries must document to maintain certifications. The third revenue stream comprises growing aftermarket parts and support operations delivered through nationwide field infrastructure, complemented by custom engineering capabilities for application-specific tooling.
The acquisition aligns with favorable macro tailwinds in the industrial machinery sector. The US machine-tools market was valued at $26.8 billion in 2025 and is projected to grow 4.9% annually to $43.2 billion by 2035, according to market.us. The metalworking-machinery-accessories segment alone is forecast to expand by more than $15 billion through mid-decade, driven by three structural factors: manufacturing reshoring to the United States, rising electric-vehicle production requiring tighter machining tolerances, and federal defense and semiconductor spending that mandates domestic production. Koma's calibration and aftermarket service businesses benefit from regulatory compliance requirements in aerospace, medical devices, and defense, generating recurring revenue streams less correlated with cyclical new-equipment sales.
Compass Group targets Midwestern industrial and distribution businesses with enterprise values between $20 million and $200 million and EBITDA of $2 million to $15 million, deploying up to $50 million of equity per platform investment. The firm, founded in 2014 and headquartered in St. Louis, focuses on niche manufacturing and distribution opportunities where operational expertise and capital deployment can drive organic growth and strategic add-on acquisitions. CEO Dave Meo emphasized that the partnership provides "resources and strategic support to invest further in our people, expand our capabilities, and grow our product offerings," while Ryan Roepke, a director at Compass Group, noted the firm's intention to "help build on this strong foundation with continued organic growth and opportunities for strategic add-ons." CIBC served as financial advisor to Koma on the transaction.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.