# Industrial Opportunity Partners merges Betty Machine into GT Technologies

Industrial Opportunity Partners completed the strategic merger of its portfolio company Betty Machine Company into GT Technologies. Betty Machine will become an operating unit of GT Technologies, adding a seventh facility in Hendersonville, Tennessee.

- Type: Acquisition
- Announced: 2018-07-11
- Where: Hendersonville, Tennessee, United States
- Status: completed
- Products: precision machined parts, valvetrain components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Industrial Opportunity Partners](https://endata.com/companies/5994.md) (investor)
- [Betty Machine Company](https://endata.com/companies/18833.md) (target)
- [GT Technologies](https://endata.com/companies/18834.md) (acquirer)

## Sources

- [iopfund.com](https://www.iopfund.com/industrial-opportunity-partners-completes-strategic-merger-of-betty-machine-company-into-gt-technologies/), 2018-07-11: "The strategic merger of Betty Machine into GT Technologies enhances GT Technologies’ machining capabilities, broadens its customer base and provides it with a strategically located facility."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.