“I am confident that Fraser is well-positioned to expand its capabilities, innovate its products and reach new markets in this next chapter,” said Rod Fraser, founder of Fraser.

Fraser provides design and engineering, laser tube cutting, precision bending, robotic welding, machining and fabrication services to a variety of end markets. The facility estimates they manufacture about 200,000 parts per day.

“Kinzie recognizes our potential for growth and is committed to providing the resources and expertise needed to expand our operations. We are excited about this next phase and look forward to building on our success together,” said Baxter Stephenson, chief executive officer of Fraser.

According to a press release, Kinzie principal, Mike Eisinger, and operating partner Dan Harvey led the transaction for Kinzie. Harvey will continue to work closely with Fraser’s management team and serve on Kinzie’s board.

“We are excited to partner with the Fraser team to support expansion, product innovation and operational excellence. We are also incredibly grateful to Rod Fraser for entrusting us with the company’s future,” said Suzanne Yoon, managing partner of Kinzie.