November 2025

Edgewater Growth Capital Partners V, L.P. (“Edgewater”) is pleased to announce that its portfolio company, Boulden Holdings, LLC (“Boulden”), has completed the acquisition of Ace Precision Industries, Inc. (“Ace” or the “Company”).

Founded in 1950 and headquartered in Akron, Ohio, Ace is a third-generation, family-owned precision machining business serving a diverse range of mission-critical industries, including aerospace, medical, and mass transit. The Company has built a strong reputation for quality, reliability, and technical expertise over more than seven decades.

“This acquisition represents an exciting step forward for Boulden,” said Jay Burnette, Chief Executive Officer of Boulden. “Ace’s precision machining capabilities and hydrodynamic bearing expertise complement our existing offerings, while the additional capacity and cross-selling opportunities will enhance our ability to serve customers across our diverse product portfolio.”

About Boulden Holdings, LLC

Boulden is a leading supplier of wear components and services for high-value reciprocating and rotating equipment, serving customers in the refining, petrochemical, power generation, and chemical industries. The company is actively pursuing strategic acquisitions to expand and diversify its product and service capabilities. For more information, please visit www.bouldencompany.com

Edgewater Growth Capital Partners V, L.P.

The Edgewater Funds is a Chicago-based private equity firm with approximately $5.0 billion of committed capital. Founded in 2001, Edgewater has established a strong track record of partnering with leading middle-market companies where we create substantial value through our capital, experience and broad network of industry relationships. Please contact us at info@edgewaterfunds.com for any questions or information.