AFM Capital Partners Announces Acquisition of Owens Industries as Add-On to Pro Products Holdings

INDIANAPOLIS--(BUSINESS WIRE)--AFM Capital Partners (“AFM”), an operationally driven private investment firm focused on control investments in middle-market companies, is pleased to announce that its portfolio company, Pro Products Holdings LLC (“Pro Products”), has acquired Owens Industries, LLC (“Owens” or the “Company”).

Headquartered in Oak Creek, Wisconsin, Owens Industries is a leading provider of ultra-precision, high mix/low volume CNC machining solutions for mission-critical applications. The Company specializes in manufacturing complex, tight-tolerance components from exotic materials that few competitors can process, serving leading customers across the Aerospace & Defense and Space sectors. Owens’ deep technical expertise, commitment to quality, and history of reliable performance have made it a trusted and often exclusive supplier of critical components to its customers.

Steven Hurley, President of Pro Products, commented: “We’re thrilled to welcome the Owens team to the Pro Products platform. Owens has built a stellar reputation across the aerospace, defense, and space markets—industries experiencing tremendous growth and demand for precision manufacturing. Their technical capabilities and expertise in complex, tight-tolerance components are highly complementary to our existing operations. Together, we are well-positioned to serve our customers’ most demanding applications, including propulsion systems, satellite components, and structural assemblies.”

Mark McTigue, President and Founding Partner of AFM Capital Partners, added: “We are excited to welcome the highly respected Owens team to the Pro Products platform and to support them in their next phase of growth. Owens represents a natural and strategic fit as we continue to scale and diversify our advanced precision machining capabilities across key end markets, including aerospace & defense, space, medical, industrial, and agriculture. We see significant opportunity to leverage the combined strengths of Owens and Pro Products to expand our market reach, enhance product offerings, and further strengthen our competitive position.”

The addition of Owens Industries marks another milestone in AFM Capital’s strategy to build a differentiated precision manufacturing platform serving the most demanding end markets through operational excellence, customer alignment, and continuous investment in advanced technologies.

Advisors

Cantor Fitzgerald & Co. served as the exclusive financial advisor to Owens Industries in connection with the transaction.

About Owens Industries

Founded in 1944 and headquartered in Oak Creek, Wisconsin, Owens Industries, LLC is a leading provider of ultra-precision CNC machining services specializing in complex, tight-tolerance parts for mission-critical applications. The Company serves top-tier customers in aerospace, defense, space, medical, and other high-precision markets.

About Pro Products Holdings

Based in Wisconsin, Pro Products Holdings LLC is a precision machining platform serving a diversified customer base across aerospace & defense, industrial, and medical sectors. The company provides high-quality, tight-tolerance metal components and assemblies supported by a culture of operational excellence, customer collaboration, and continuous improvement.

About AFM Capital Partners

AFM Capital Partners Inc is an Indianapolis-based private investment firm focused on operationally driven, control-oriented investments in middle-market companies. AFM partners with management teams to accelerate growth, enhance operational performance, and build enduring value through hands-on support, strategic alignment, and disciplined execution. Target sectors include Advanced Industrials, Consumer Goods, and Business Services. For more information on AFM Capital, please visit www.afmcap.com.