News | February 2, 2023

Levine Leichtman Capital Partners Portfolio Company In-Place Machining Acquires East Coast Metrology


In-Place Machining (“IPM”), a portfolio company of Levine Leichtman Capital Partners (“LLCP”), announced today that it has acquired East Coast Metrology, LLC (“ECM” or the “Company”). ECM, headquartered in Topsfield, Massachusetts, is a leading provider of precision measurement services, specializing in 3D scanning and modeling, reverse engineering and design, training and certification, instrument calibrations, integration and alignment services.

IPM is a leading provider of high-acuity, on-site field machining and precision measurement and alignment services for mission-critical infrastructure and industrial equipment. IPM’s services are an essential part of the maintenance, repair and service cycle for clients across a variety of end-markets including industrial and manufacturing, naval and marine, hydroelectric power, and aerospace.

Dean Flint, CEO of IPM, commented, “The addition of ECM to the IPM platform is highly consistent with our growth strategy. Our customers will benefit from the business’ high-caliber workforce and expertise in metrology and calibration, as well as its culture and dedication to customer service.”

Matthew Rich, a Partner at LLCP, stated, “We are pleased to announce IPM’s second acquisition under our ownership, which reflects our commitment to the Company’s growth. This acquisition will further enhance IPM’s ability to deliver its clients a comprehensive suite of service offerings, including best-in-class precision measurement & alignment services.”

IPM is a portfolio company of LLCP Lower Middle Market Fund III, L.P.

About Levine Leichtman Capital Partners

Levine Leichtman Capital Partners, LLC is a middle-market private equity firm with a 39-year track record of investing across various targeted sectors, including franchising, business services, education and engineered products. LLCP utilizes a differentiated Structured Private Equity investment strategy, combining debt and equity capital investments in portfolio companies. LLCP believes that by investing in a combination of debt and equity securities, it offers management teams growth capital in a highly tailored, flexible investment structure that can be a more attractive alternative than traditional private equity.

LLCP’s global team of dedicated investment professionals is led by nine partners who have worked at LLCP for an average of 19 years. Since inception, LLCP has managed approximately $13.2 billion of institutional capital across 15 investment funds and has invested in over 100 portfolio companies. LLCP currently manages $8.6 billion of assets and has offices in Los Angeles, New York, Chicago, Charlotte, Miami, London, Stockholm, The Hague and Frankfurt.

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