05/01/2026 | Press release | Archived content
Main Street Portfolio Company Expands Medical and A&D Customer Base and Strengthens Advanced Manufacturing Capabilities
May 1, 2026 - Main Street Capital Holdings, LLC is pleased to announce the acquisition of Accu-Tool, LLC by its portfolio company, Compass Precision, LLC. Located in Apex, NC, Accu-Tool represents Compass's eleventh operating division and its latest strategic add-on in support of the company's continued growth trajectory.
Founded in 1982, Accu-Tool provides complete manufacturing solutions, including 5-axis CNC machining, CNC turning, CNC milling (horizontal and vertical), EDM (wire and hole), MIG/TIG welding, assembly, testing, and inspection. The company serves a diversified base of blue-chip customers across the medical, aerospace & defense, industrial, and semiconductor markets.
"Accu-Tool is an ideal fit for Compass," said Compass President Bill Canning. "Its strong presence in medical and aerospace aligns perfectly with our core end-markets, and its broad set of advanced machining and fabrication capabilities further strengthens our ability to support customers with complex, tight-tolerance parts."
Ryan Davis, Managing Partner of Main Street, added, "Accu-Tool checks every box in our add-on criteria-high-quality operations, strong recurring customer relationships, and excellent growth prospects. Completing this acquisition underscores Compass's momentum, and we will continue to pursue only the highest-quality precision machining opportunities."
Compass Precision will continue to seek acquisitions with complementary capabilities, end-markets, geographies, and production technologies. Of particular interest are companies with advanced machining capabilities, strong management teams, recurring programs, and exposure to high-growth industries.