Argand Partners, the New York- and San Francisco Bay Area-based middle market buyout firm, today announced that Sigma Electric Manufacturing Corp. (“Sigma”), the leading global manufacturer of precision engineered metal components, has acquired Tooling Dynamics, the leading US manufacturer of high volume, precision metal stamping and Swiss screw machining. Tooling Dynamics’ renowned expertise working with very thin gauge metals under extremely tight tolerances allows it to tackle the toughest jobs in the electronic and telecommunications connector world. This acquisition will significantly expand Sigma’s capabilities and benefit its customers, and it represents the third acquisition under Argand’s owner-ship in addition to the opening of two new manufacturing plants.
