Angle Advisors has announced that Roto-Flo and U.S. Gear Tools Inc., subsidiaries of U.S. Group Inc., have been acquired by Anderson-Cook Inc., manufacturer of machine tools and related tooling, as well as an integrated provider of seating mechanisms and powertrain components. Angle Advisors acted as the exclusive investment banking adviser to the companies in completing this transaction.

Headquartered in Detroit, the companies are pioneers and leaders in the development and production of precision, horizontal spline rolling and threading machines, highly engineered rolling rack tooling, and low-volume spline rolling production. The companies’ machine tools and racks are utilized in the manufacture of critical components and assemblies in a wide variety of automotive and other on-highway sectors as well as off-highway end markets. The companies serve customers globally operating from two facilities located in Detroit and Swannanoa, North Carolina.

Paul Simon, president and second-generation owner of the companies, said, “The Roto-Flo name is synonymous with horizontal spline rolling and is recognized throughout the world. Over many decades, the companies have established themselves as leaders in the industry and we are confident that Anderson-Cook will be able to expand on that success well into the future. We are also pleased that the companies will continue forward with a new owner that is committed to U.S. manufacturing as we have been. Further, we would like to thank Angle Advisors for their support, execution and advice throughout this transaction. We know that their in-depth knowledge of the business, industry and market participants was critical to achieving a successful transaction.”

Craig Everlove, president of Anderson-Cook Machine Tool, said, “We have long respected the quality of the companies’ products and high levels of service provided to its customers. We are very excited to add the Roto-Flo and U.S. Gear Tools brands which will further augment our product portfolio and enhance Anderson-Cook’s leading position in the industry.”