Arc Drilling Closes Acquisition of H&W Tool and Becomes Arc Adaptive Machining Solutions
CLEVELAND, OH, February 25, 2025 – Arc Drilling today announced the acquisition of H&W Tool, a leading provider of airfoil machining services to the aerospace, defense, and power generation industries. The newly merged company also announced its new brand name, Arc Adaptive Machining Solutions (“Arc” or the “Company”), and unveiled its logo.
Headquartered in Cleveland, Ohio, Arc has become a market leading provider of airfoil machining services. The Company’s capabilities include electrical discharge machining (EDM), adaptive machining, water jet, and grinding. Arc operates six manufacturing facilities in the United States – Cleveland (OH), Dover (NJ), Euclid (OH), Greenville (SC), Hampton (VA), and Summerville (SC) – all of which have either AS9100 or NADCAP certifications, or both.
“With the combined capabilities of Arc Drilling and H&W Tool, Arc Adaptive Machining Solutions is the manufacturing technology leader in the machining of airfoils and other critical gas turbine parts,” said Arc CEO Jason Busse. “Our unmatched capabilities in EDM and adaptive machining are in high demand, and we are excited to continue making significant investments in technology and capacity to support the rapidly increasing production rates in the aerospace engine and power generation markets.”
Rick Winstead, President of H&W Tool, commented, “I want to thank all of the employees whose hard work and technology innovations over many decades have made H&W Tool into the company that it is today. Our team is excited to be joining with Arc Drilling, and the combination of our two companies will enable both operations to better serve the needs of our customers and our people.”
“As a result of the H&W Tool acquisition, Arc Adaptive Machining Solutions has become one of a small number of vertically integrated providers in the airfoil machining market,” said Jesse Liu, a Partner at Washington Equity Partners, the majority equity owner of Arc Adaptive Machining Solutions. “We continue to pursue additional opportunities to deepen our customer relationships and expand our capabilities and geographic presence.”
About Arc Adaptive Machining Solutions
Arc Adaptive Machining Solutions is a leading provider of electrical discharge machining, waterjet, and grinding manufacturing services to the aerospace, defense, power generation, and medical markets. The Company has manufacturing facilities in Cleveland (OH), Dover (NJ), Euclid (OH), Greenville (SC), Hampton (VA), and Summerville (SC). Each facility has AS9100 and/or NADCAP certifications, and the Dover (NJ) facility also has the ISO 13485 certification. https://arcadaptive.com
About Washington Equity Partners
Washington Equity Partners is a sector-focused private equity firm that makes control equity investments in established lower middle market businesses with strong prospects for rapid organic and acquisition-driven growth. The firm is headquartered in McLean, VA and is focused on investing in: (i) Aerospace, Defense, and Government (ADG), (ii) Medical Device, (iii) Industrial and Advanced Manufacturing, and (iv) Software and Technology. www.w-equity.com
Contact:
Jason Busse
Arc Adaptive Machining Solutions
9551 Corporate Circle
Valley View, OH 44125
(216) 525-0920
Jesse Liu
Washington Equity Partners
8200 Greensboro Drive, Suite 900
McLean, VA 22102
(202) 839-3410