TJM Capital, a private equity investment ﬁrm focusing on lower and middle-market growth businesses has established a new platform company, InCompass, to bring together industrial businesses offering innovative manufacturing solutions.
InCompass includes industry-leading names such as Timesavers, Dubois Equipment Company, Randbright, Clausing Industrial, Inc. and UK-based Colchester Machine Tool Solutions.
“Our brands have a common legacy of leading the industry in the design and development of innovative manufactured solutions, catering to the speciﬁc needs of our valued customers. InCompass is a vehicle to expand the offering of manufacturing solutions to our customers,” according to TJM Chairman Tom McDonough.
Micah Coleman, the current CEO of the individual companies that will be brought under the InCompass platform will lead the new combined organization as CEO of InCompass.
According to Coleman, the group offers customers applications expertise, machine solutions and innovative systems for all their material processing needs.
“Our goal,” he said, “is to be the partner our customers turn to ﬁrst for time-saving solutions and the industry-leading expertise they need as they grow their businesses.”
InCompass will be a platform to bring together further brands offering manufactured growth solutions, according to Coleman.
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