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Graycliff Partners invests in A-1 Machine Manufacturing

Graycliff Partners, an independent investment firm focusing on middle market private equity and mezzanine investments, has invested in A-1 Machine Manufacturing, a manufacturer and integrator of machined components and systems to the flat panel display equipment, semiconductor equipment and general industrial end-markets.

Headquartered in Santa Clara, California and with additional operations in San Jose, California and Incheon, Korea, A-1 specialises in medium to large format machining, assembly and full system integration.
The company’s products range from single components to full-scale, turn-key advanced manufacturing equipment and systems.
Graycliff invested out of its latest buyout fund, Graycliff Private Equity Partners III, investing in partnership with A-1’s management team.
“A-1 has proven to be a value-added supplier to its customers. The company’s machining expertise and ability to perform complex assembly and integration make it poised to take advantage of increased demand from its served markets,” says Duke Punhong, managing director, Graycliff Partners.
Carl Barcoma, principal, Graycliff Partners, adds: “A-1’s geographic presence, with strategic locations in Silicon Valley and Asia, is a strong differentiator for the company, and one that should allow it to grow through a variety of different avenues.”
“Having partners like Graycliff and Dan Rubin join the A-1 team will enhance the company’s ability to grow and become more global. We intend to add more value to our existing customers and provide world class solutions to new customers,” says Yong Pak, founder of A-1.

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