# ReNEW Partners acquires Absolute Machine & Tooling

ReNEW Partners acquired Absolute Machine & Tooling, a precision machine shop in Leander, Texas, that manufactures semiconductor components. The transaction closed on July 31, 2023.

- Type: Acquisition
- Announced: 2023-07-31
- Where: Leander, Texas, United States
- Status: completed
- Products: precision machined components, CNC machining services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [ReNEW Partners](https://endata.com/companies/72070.md) (acquirer)
- [Absolute Machine & Tooling](https://endata.com/companies/72071.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20230815861798/en/Generational-Equity-Advises-Absolute-Machine-Tooling-in-its-Sale-to-ReNEW-Partners), 2023-08-15: "Van has built a great company and we look forward to continuing his mission and building on a strong foundation to drive market share growth at AMT."

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