# InCompass acquires Bridgeport Machine Tool Company

InCompass, a platform company of TJM Capital Partners, reached a definitive agreement to acquire Bridgeport Machine Tool Company, a manufacturer of vertical milling machinery. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2023-11-27
- Where: Kalamazoo, Michigan, United States
- Status: announced
- Products: vertical milling machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [TJM Capital Partners](https://endata.com/companies/62236.md) (investor)
- [InCompass](https://endata.com/companies/71774.md) (acquirer)
- [Bridgeport Machine Tool Company](https://endata.com/companies/72692.md) (target)
- [Newman Machine Company](https://endata.com/companies/74008.md) (target)

## Sources

- [bridgeportmachinetools.com](https://bridgeportmachinetools.com/press-releases/incompass-expands-industrial-machinery-portfolio-with-acquisition-of-bridgeport-machine-tool-company/), 2023-11-27: "InCompass™, a platform company of TJM Capital Partners, is pleased to announce it has reached a definitive agreement to acquire another prominent player in the machine tool industry, Bridgeport Machine Tool Company."
- [newmanmachine.com](https://newmanmachine.com/2023/11/27/for-immediate-release/), 2023-11-27: "InCompass Expands Woodworking Machinery Portfolio with Acquisition of Newman Machine Company"
- [prnewswire.com](https://www.prnewswire.com/news-releases/incompass-expands-woodworking-machinery-portfolio-with-acquisition-of-newman-machine-company-301998349.html), 2023-11-27: "InCompass™, a platform company of TJM Capital Partners, is excited to announce its latest strategic acquisition of Newman Machine Company, a distinguished leader in the woodworking machinery sector."

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