Thanks to contribution of our dedicated workforce, we are officially one of Ireland and UK’s best workplaces following the independent analysis.

Following a thorough analysis conducted by the Great Place to Work® Institute, which included a robust ‘Trust Index’ employee survey and a detailed ‘Culture Audit’ assessment of policies and practices, ATA have been officially certified as a Great Place to Work® in Ireland and also in the UK for 2022.

Great Place to Work® provides the benchmarks, framework, and expertise needed to create, sustain, and recognise truly outstanding workplace cultures.

Great Place to Work® is the global authority on high-trust, high-performance workplace cultures.

Through assessment tools, consultancy services, and certification programmes, Great Place to Work® recognises Best Workplaces™ across the world in a series of national lists including those published by The Irish Times and Fortune magazine (USA).

Acquisition of Microtool Manufacturing of Näpflin Schleiftechnik AG

ATA, an Irish-owned and Cavan-headquartered international precision engineering group with facilities in Ireland, the UK, Germany and the USA, has acquired the microtool manufacturing activities of Näpflin located in Beckenried, Switzerland.

Näpflin is owned and managed by Roland Näpflin, who has almost thirty years of experience designing and manufacturing precision tools. The company manufactures a range of rotary carbide micro-endmills for highly-specialised applications and provides regrind and distribution services for a broader range of carbide cutting tools. Näpflin is a long-term manufacturing partner of Karnasch Professional Tools which ATA previously acquired in 2019.

Under the terms of the transaction, ATA has acquired a majority shareholding in the manufacturing activities of Näpflin including the trade, assets, employees and equipment related thereto. Roland Näpflin will retain a minority shareholding in the new entity, ATA Tools Suisse AG.

Roland has also been appointed Managing Director of ATA Tools Suisse AG and will oversee the new entity’s strategic development and growth within the ATA group.

Following on from its acquisition of Karnasch Professional Tools in 2019, the acquisition and creation of ATA Tools Suisse AG further expands ATA’s product development and manufacturing capabilities to offer a broader range of precision tools to ATA’s global customer base.

ROWLEY, Mass., November 3, 2021 – Harvey Performance Company (“Harvey” or the “Company”), a leading designer and manufacturer of specialized cutting tools for precision machining applications, today announced that it has secured a majority investment from Boston-based Berkshire Partners (“Berkshire”). Berkshire partnered with Harvey’s CEO Pete Jenkins and the Harvey management team to acquire the Company from Summit Partners, which invested in 2017. Additional terms of the transaction were not disclosed.

Harvey’s products provide industry-leading performance and increase productivity for manufacturing and metalworking customers. Through five world-class brands — Harvey Tool, Helical Solutions, Micro 100, Titan USA, and CoreHog — the Company serves a variety of industries with strict and demanding production requirements, including aerospace and defense, electronics, medical devices, telecommunications, and general machining.

“We look forward to working with the Berkshire Partners team,” said Pete Jenkins, Chief Executive Officer of Harvey. “They have deep experience in building strong industrial businesses like ours and bring distinctive expertise and resources to support our strategic growth. I also want to thank the team at Summit Partners for their support over the last four years, partnering with us on organic growth, multiple acquisitions, and product development.”

“We are thrilled to partner with the Harvey team, whose deep commitment to product innovation and service excellence continues to drive their growth,” said Mike Ascione, Managing Director at Berkshire Partners. “The Harvey business system is a proven, best-in-class model for driving growth and creating meaningful value for all stakeholders. Harvey is also a company that understands the value of broad employee engagement and ensuring an equitable and inclusive culture so that all employees benefit from their hard work.”

“We’ve enjoyed partnering with Pete and his senior leadership team over the past several years to help drive significant organic and acquisition-driven growth in the business,” said Jay Pauley Managing Director at Summit Partners. “We are proud to have partnered with Harvey and look forward to watching their continued growth.”

Paul, Weiss and Guggenheim served as legal and financial advisors, respectively, to Berkshire on the transaction. Kirkland & Ellis and Piper Sandler served as legal and financial advisors to Summit Partners.

About Harvey Performance Company
Harvey Performance Company strives to offer unique and innovative products to solve the most challenging machining requirements. Its distinct brands, Harvey Tool, Helical Solutions, Micro 100, Titan USA, and CoreHog serve specialty needs and markets with a shared commitment to delivering high-quality products and superior service. The brands offer a broad range of products and services that help support machinists, engineers, and CNC programmers while giving their shops a competitive advantage. Harvey Performance Company has a proud history of doing business the right way – offering fast, friendly service; providing comprehensive product support; and treating customers, suppliers, and shareholders in a way that builds strategic, strong, and enduring relationships. For more information, visit www.harveyperformance.com.

About Berkshire Partners
Berkshire Partners, a Boston-based firm, has 35 years of investment history. Berkshire Private Equity has made more than 135 private equity investments since its inception and has a strong history of partnering with management teams to grow the companies in which it invests. Berkshire Partners has been an active investor in high-quality, industrial growth businesses for many decades; example investments include Advanced Drainage Systems, Consolidated Precision Products, National Carwash Solutions, Parts Town, SRS Distribution, and TransDigm. The firm also invests in consumer, communications, healthcare, services, and technology companies. For additional information, and to see a full list of the firm’s private equity investments, visit www.berkshirepartners.com or follow on LinkedIn.

About Summit Partners
Founded in 1984, Summit Partners is a global alternative investment firm that is currently managing more than $42 billion in capital dedicated to growth equity, fixed income, and public equity opportunities. Summit invests across growth sectors of the economy and has invested in more than 550 companies in technology, healthcare, and other growth industries. These companies have completed more than 175 public equity offerings, and more than 200 have been acquired through strategic mergers and sales. Notable industrial growth companies backed by Summit include Grand Design RV, FineLine Technologies, Markforged, Parts Town, ProGlove and Vivint. Summit maintains offices in North America and Europe and invests in companies around the world. For more information, please see www.summitpartners.com or follow on LinkedIn.

Press Contact

Garth Ely
[email protected]
+1 (978) 903-0483

Investing for Growth

Rowley, Massachusetts, and Valencia, California – Harvey Performance Company (“Harvey Performance” or the “company”), a leading provider of specialized cutting tools for precision machining applications through industry-leading brands Harvey Tool, Helical Solutions, Micro 100, and Titan USA, today announced the acquisition of CoreHog. Based in Valencia, California, CoreHog specializes in the design, manufacture, and use of composite, CFRP (Carbon Fiber Reinforced Polymer), and honeycomb core cutting tools.

“The addition of the CoreHog brand to the Harvey Performance portfolio will provide a keen focus and expertise in the composite-cutting segment of the machining industry, and will offer unlimited potential for growth,” said Harvey Performance Company Chief Executive Officer Pete Jenkins.

Founded in 2004, CoreHog spent its first several years of operation servicing the Aerospace machining industry, primarily. When the demand for advanced cutting tools escalated shortly thereafter, as new materials and techniques began growing in popularity, CoreHog expanded to support several different sectors: aerospace, automotive, technology, defense and naval, and sporting goods. Due to the high strength, low weight properties of composites, they have grown in popularity for several years, and continue to do so.

Today, CoreHog products are made with application-specific, high-grade materials specially formulated to provide the best performance in composite materials. Its repertoire of tooling options include Carbon Laminate Cutting Tools, Fiberglass Laminate Cutting Tools, Honeycomb Cutting Tools, and Sandwich Panel Cutting Tools, among many others.

“Our company is on a journey to assemble and build a world-class integrated company made up of outstanding, distinctive brands and product lines supported by incredible people. The addition of CoreHog to our portfolio of brands is another strong step forward to that end,” said Jenkins.

The acquisition of CoreHog enables Harvey Performance Company to grow in the composite-cutting segment of the machining industry.

“For years, we’ve recognized the accelerated demand of composites across several industries. The acquisition of CoreHog allows us to grow in this space and learn from experts in this area,” said Jerry Gleisner, Sr. Vice President of Sales for Harvey Performance Company. “We couldn’t be more excited for this opportunity.”

Representatives from Harvey Performance Company, the parent company of the Harvey Tool, Helical Solutions, Micro 100, and Titan USA cutting tool brands, recently took part in a machining test with experts from Makino and Mastercam. During this test, an unprecedented material removal rate (MRR) of 40in³ was achieved in 4140 Steel Alloy, an example of how utilizing the industry’s highest quality tooling, machines, and software can result in a significant boost in machining efficiency.

“When top companies collaborate to get the most out of their machining setup, attaining high-level removal rates becomes a reality,” said Don Grandt, Harvey Performance Company National Application Engineer.

The test, which was facilitated by Makino, was conducted in its PS105 Vertical Machining Center, and utilized toolpaths from Mastercam. For tooling, a standard 1/2” Helical Solutions HEV-C-6, a 6 flute, variable pitch rougher with chipbreaker geometry outfitted with a Haimer Safe-Lock™, was used to hog out an impressive amount of material. It is at this point that the team reached remarkable MRR levels of up to 40in³ at 10,695 RPMs. From there, the final part was finished with a 1/2”, 5 flute Helical Solutions High Performance Chamfer Mill, before it was finally engraved using a .015” Harvey Tool Runner Cutter.

 A video of the test was taken at the Makino facility, and displays the impressive machining feats that were accomplished during this collaboration of the industry’s best.

Harvey Performance Company National Application Engineer, Don Grandt was on hand for a webinar featuring the three brands. Engineers from these companies explained what considerations went into this impressive feat alongside a video taken live of the machining process.