# Townsend Street Capital acquires majority stake in Swiss American Screw Products

Townsend Street Capital completed a majority recapitalization of Swiss American Screw Products, a precision machining company based in Canton, Michigan, serving aerospace, defense, medical, and industrial markets.

- Type: Acquisition
- Announced: 2023-01-05
- Where: Canton, Michigan, United States
- Status: completed
- Products: precision machined components, small diameter tight tolerance parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Townsend Street Capital](https://endata.com/companies/67711.md) (acquirer)
- [Swiss American Screw Products](https://endata.com/companies/67712.md) (target)

## Sources

- [townsendstreetcapital.com](https://www.townsendstreetcapital.com/post/townsend-street-capital-announces-partnership-with-swiss-american-screw-products), 2023-01-05: "We are excited to announce our transaction with Townsend Street Capital."

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