Tecum Equity has invested in Kadon Precision and Aerospace, a precision manufacturing company based in Rockford, Ill., that focuses on the aerospace, defense, space and industrial product markets.
Founded in 1952, Kadon is led by second-generation owner Justin Franklin, who will remain as CEO.
Kadon specializes in Swiss turn, milling, lathe and multi-axis precision machining, and assembly. It maintains an ISO 9001 and AS9100 D certified quality management system and has over 70,000 square feet of manufacturing space.
“Tecum differentiated itself with its extensive experience in precision manufacturing and in its track record of growing businesses both organically and through acquisitions,” Franklin said in a statement. “Their understanding of the culture of Kadon and the importance of people in all that we do made Tecum my partner of choice.”
