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L Squared Capital Partners Marks Milestone 10th Acquisition at BTX Precision with Addition of High Tech Solutions

L Squared Capital Partners is pleased to announce that its portfolio company, BTX Precision (“BTX” or the “Company”), has acquired High Tech Solutions LLC (“HTS”), a Kansas City based precision manufacturer of aerospace components serving the commercial, business jet, and space end markets. The acquisition marks BTX’s 10th transaction since the platform’s inception, further cementing its position as the nation’s most trusted provider of advanced build-to-print components, seamlessly integrating with industry leaders to drive innovation and shape the future of precision manufacturing.

HTS adds substantial value to the BTX platform by broadening its customer base, program diversity, and geographic reach. HTS provides largely sole-sourced products across its programs in the aerospace and space end markets. HTS is well-positioned to capitalize on significant investment in the space sector, representing a key foothold in a rapidly expanding end market. Strategically located in Kansas City, HTS also enhances BTX’s proximity to major aerospace and defense customers, strengthening BTX’s nationwide footprint.

With the addition of HTS, BTX now operates over 700,000 sq. ft. of state-of-the-art manufacturing space across 13 production units, employing approximately 1,200 engineers, technicians, and operators nationwide. The platform’s unmatched breadth of additive and subtractive manufacturing capabilities – including milling, turning, laser micro-machining, advanced 3D metal printing, aluminum vacuum brazing, electrical discharge machining, precision cleaning, and a full suite of value-added assembly services – positions BTX as the go-to partner for the most demanding customers in aerospace & defense, space, medical, and semiconductor markets.

"High Tech Solutions is a perfect fit within our vision of building the most capable, diversified, and responsive manufacturing platform in North America," said Rick McIntyre, CEO of BTX. "Their sole-source positions, blue-chip customer relationships, and strategic location strengthen every dimension of our value proposition. This acquisition not only adds new technical expertise but also advances our ability to deliver mission-critical solutions nationwide."

Randall Hunt, Managing Partner at L Squared and BTX Board Member, added, "Completing our 10th acquisition reflects the credibility of the BTX investment thesis and the quality of the team executing it. The integration of BTX’s collective assets is delivering exceptional value to all stakeholders, most notably BTX customers. That synergistic value underpins our support and acceleration of the BTX consolidation strategy – the opportunity set of continued acquisitions is clear and actionable.”

About BTX Precision

BTX Precision was formed by L Squared Capital Partners to consolidate the highly fragmented North American precision components manufacturing market. Through its operating subsidiaries, BTX represents a single source solution for high-quality, tight-tolerance components used in mission-critical applications by customers serving the aerospace & defense, space, medical, and semiconductor markets. For more information, please visit www.btxprecision.com.

About L Squared Capital Partners

L Squared Capital Partners is a private equity investment firm with over $2 billion of equity commitments under management. Headquartered in Newport Beach, CA, L Squared seeks to make long-term investments in leading growth companies operating in targeted sectors: Education Technology, Tech-Enabled Services & Software, and Industrial Technology & Services. L Squared’s unique investor base of family offices and institutions enables the firm to focus on long-term value creation driven by revenue and earnings growth, not financial engineering or market timing. The principals of L Squared have worked together for over 15 years and have more than 125 years of combined experience investing in growing private companies. For additional information, please visit www.lsquaredcap.com.

This press release is for informational purposes only and is not intended as investment advice or an offer or solicitation with respect to the purchase of any investment. Investing with any investment firm is suitable only for qualified investors that fully understand the risks of such an investment. L Squared Capital Partners is an investment adviser registered with the United States Securities and Exchange Commission. Investments with L Squared Capital Partners are only offered in accordance with applicable securities laws.

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