TJM Capital establishes InCompass Group for manufacturing sector holdings

TJM Capital, a private equity investment firm focusing on lower- and middle-market growth businesses, has established a new platform company, InCompass, to bring together manufacturing businesses. It includes Timesavers, Dubois Equipment Co., Randbright, Clausing Industrial Inc., and Colchester Machine Tool Solutions.

Micah Coleman, the current CEO of the individual companies that will be brought under the InCompass platform, will step up to lead the new combined organization as CEO. The group offers applications expertise and machine systems for material processing.