True North Equity Partners, a private equity firm focused on control investments in energy services companies, agreed to acquire SHULT Automatics, a firm specializing in multi-spindle, mid- to high-volume contract precision machining services. Financial terms were not disclosed. “SHULT Automatics is an incredibly stable company deeply rooted in serving its customers for over six decades. Adding SHULT to the True North family of companies fortifies and widens our bench strength and offering in the high-volume machining services space for our customer," Brian Slipka, True North Equity Partners Managing Partner.