Auxo Investment Partners completed the acquisition of Avon Machining.

Auxo Investment Partners, a private investment firm, completed the acquisition of Avon Machining, a Shelby Township, Michigan-based precision manufacturer of complex machining solutions, including high precision gears, transmission parts, bearings, housings, and axle shafts for the construction, mining, agriculture, industrial, electrical vehicle, chemical, oil and gas, and defense industries. Financial terms were not disclosed. "We are excited to join forces with Auxo Investment Partners. With their resources and commitment to growth, we will continue to build on Avon Machining's legacy of quality, innovation, and customer satisfaction, while expanding our capabilities and offerings," Chad Fietsam, Avon Machining CEO.