InCompass

What InCompass does

InCompass LLC is a Maple Grove, Minnesota-based industrial platform company, founded in 2023 and backed by private equity firm TJM Capital Partners, that acquires and consolidates niche U.S. and European manufacturers of material-processing and metalworking machinery. The platform currently houses 14 operating brands organized around four core capability clusters: (1) sanding, finishing, deburring, and edge-rounding systems (Timesavers, Timesavers International, Dubois Equipment, Randbright, Midwest Automation); (2) precision machine tools for metalworking (Clausing, Colchester, Bridgeport, Pratt Burnerd America, including Atlas Workholding and Crawford Collets); (3) grinding and gear-manufacturing equipment (Bourn & Koch, Blanchard, Fellows); and (4) specialty machining including woodworking and deep-hole drilling (Newman Whitney, Mollart Machinery). Technical differentiators within the portfolio include Newman Whitney's Helical Carbide Cutterhead (a three-time Challengers Award winner), Bourn & Koch's precision automated machine tool solutions supporting 28 American Machine Tool Companies, Blanchard's Fanuc-CNC vertical rotary surface grinders handling parts from 14" to 144", and Mollart's multi-axis CNC gundrilling and BTA deep-hole machines.

The business generates revenue through three primary streams: (1) hardware sales of industrial capital equipment with project-specific, quote-based pricing and multi-year contract cadences; (2) professional services including factory-trained technician support, lifetime machine maintenance, and bespoke custom-system design (notably from Dubois); and (3) recurring spare-parts revenue, with some brands offering 24-hour parts shipping. Go-to-market is executed through direct enterprise field sales supplemented by the largest U.S. dealer-and-service network for material processing (anchored by Timesavers) plus brand-specific websites for each subsidiary. End customers span woodworking operations (lumber mills, cabinet, door, and flooring manufacturers), metalworking shops, and precision-component manufacturers serving aerospace, automotive, and defense supply chains. Distribution is global via legacy brand channels (Colchester UK, Mollart UK, Pratt Burnerd International), though operational density is concentrated in U.S. manufacturing regions including a manufacturing facility in Browns Summit, North Carolina (Newman Whitney).

The strategic posture is a classic PE-led industrial rollup: InCompass was purpose-built by TJM Capital Partners to acquire fragmented, often family- or founder-owned industrial-machinery OEMs with strong brand equity but limited succession or growth capital, retain brand identities post-close, and realize value through shared services, parts-logistics consolidation, and cross-selling. Two acquisitions were completed in 2023 (Bourn & Koch in August and Newman Machine Company in November), with the Midwest Automation and Pratt Burnerd America integrations occurring earlier in the same year. No public revenue, headcount, or ownership-percentage disclosures are available, and the platform-level organization is small (1-10 listed platform employees), with operational staffing residing within the subsidiary brands.

Name

InCompass

Legal name

InCompass LLC

Website

https://manufacturedgrowthsolutions.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

InCompass is a TJM Capital Partners-backed industrial platform consolidating 14 niche U.S. and European machinery brands under one roof, serving woodworking, metalworking, aerospace, automotive, and defense manufacturers with sanding, finishing, grinding, gear-manufacturing, and precision-machining equipment plus aftermarket service and spare parts.

Ownership category

akta.pro rank

Headquarters

HQ city

Maple Grove

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Industrial Machinery Sales: Sale of industrial material processing machines including sanding, finishing, grinding, gear manufacturing, and woodworking machinery under various brand names.
2. Machine Maintenance and Service: Lifetime support and service for machine investments, including factory-trained technicians and technical support throughout the machine lifecycle.
3. Spare Parts: Robust inventory of key parts to ensure machines can be restored to operation in a timely manner, with some brands offering 24-hour parts shipping.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

InCompass designs, manufactures, and supports industrial material processing machinery through a portfolio of 14 acquired legacy brands covering sanding, finishing, deburring, edge rounding, grinding, gear manufacturing, precision machine tools, and woodworking equipment. The company sells machines directly and through dealer networks, complemented by lifetime maintenance services, application engineering support, and spare parts inventory (with select brands offering 24-hour parts shipping).

Product overview

InCompass is a platform of TJM Capital Partners offering a portfolio of material processing solutions through 14 acquired industrial machinery brands. The portfolio includes Timesavers (sanding/finishing equipment), Dubois (finishing systems), Randbright (metal deburring/grinding), Clausing (precision machine tools), Timesavers International (metalworking finishing), Colchester (turning machines), Bourn & Koch (precision grinding/gear manufacturing), Mollart (gundrilling/deep hole machines), Blanchard (surface grinding), Fellows (gear shaping), Newman Whitney (woodworking machinery), Bridgeport (milling machines/VMCs), Midwest Automation (industrial machinery), and Pratt Burnerd America (workholding products). These brands provide comprehensive end-to-end solutions including application advice, machine maintenance and service, and spare parts, serving aerospace, automotive, defense, and manufacturing industries.

Differentiator

Problem solved

Functional benefit

Brands

• Timesavers: Industry leader in production of sanding machines and finishing equipment with 75 years of experience and the largest network in the U.S. of dealers, technicians and parts.
• Dubois
• Randbright
• Clausing Industrial
• Timesavers International
• Colchester
• Bourn & Koch
• Mollart Machinery
• Blanchard
• Fellows
• Newman Whitney
• Bridgeport
• Midwest Automation
• Pratt Burnerd America

Products and services

• Timesavers Sanding and Finishing Equipment

Quantifiable outcome

• 50,000+ machines in the field worldwide (Timesavers International)
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Newman Machine Company (Newman Whitney)coreStrategic or Co-development Partner · 27 November 2023Newman Machine Company, operating as Newman Whitney, was acquired by InCompass in November 2023. Specializes in woodworking machinery with nearly two centuries of experience since 1837. The acquisition aims to bolster InCompass's presence in the woodworking sector.
• Bourn & KochcoreStrategic or Co-development Partner · 1 August 2023Bourn & Koch was acquired by InCompass in August 2023 to expand its industrial machinery portfolio and global footprint. Specializes in precision automated machine tool solutions, gear manufacturing, and precision grinding, supporting 28 American Machine Tool Companies.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Hardinge Inc. Hardinge is a U.S.-based manufacturer of precision metalcutting machine tools including lathes, grinding machines, and workholding solutions, directly overlapping with InCompass's Clausing, Bridgeport, Colchester, and Blanchard brands across similar aerospace, automotive, and general industrial customers.
• Yamazaki Mazak: Mazak is a global leader in CNC machine tools including turning centers, machining centers, and multi-tasking machines, competing with InCompass's Clausing, Bourn & Koch, and Bridgeport brands in the precision metalworking machine tool category.
• DMG Mori: DMG Mori is a leading global manufacturer of CNC milling, turning, and advanced machining centers, directly competing with InCompass's precision machine tool brands for aerospace, automotive, and general manufacturing customers.
• Haas Automation: Haas Automation is a major U.S. manufacturer of CNC vertical machining centers, lathes, and rotary products, competing most directly with InCompass's Bridgeport and Clausing brands in the small-to-mid CNC machine tool segment.

Broad incumbents

• Lincoln Electric Holdings: Lincoln Electric is a large diversified industrial manufacturer with welding, cutting, and brazing products serving similar metalworking and manufacturing end markets that InCompass's brands address, though Lincoln Electric's portfolio is welding-focused rather than machine-tool focused.
• Illinois Tool Works (ITW): ITW operates a federated model of 80+ industrial businesses across welding, finishing, and specialty equipment, mirroring InCompass's multi-brand industrial machinery platform strategy at much greater scale.
• Kennametal Inc. Kennametal is a global supplier of metalworking tools, inserts, and tooling systems serving the same aerospace, automotive, and industrial manufacturing customers that InCompass addresses, though Kennametal focuses on consumable tooling rather than capital equipment.
• Atlas Copco: Atlas Copco is a global industrial group providing compressors, vacuum solutions, and industrial tools with significant presence in material processing and finishing applications that overlap with InCompass's Timesavers and Randbright brands.
• Sandvik AB: Sandvik is a global engineering group with a major Machining Solutions division providing metal cutting tools and CNC machining solutions, competing broadly with InCompass's metalworking machinery brands in similar aerospace and automotive end markets.
• TRUMPF: TRUMPF is a global leader in machine tools, laser technology, and industrial manufacturing solutions, serving similar metalworking and manufacturing customers as InCompass, particularly competing with the company's precision grinding and machining brands.

Market position

Strengths1 record

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/incompass-manufactured-growth-solutions

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about InCompass