Uni-World Capital Acquires Drake Manufacturing Services

Uni-World Capital L.P. has made a strategic growth capital investment in Drake Manufacturing Services Co., a manufacturer of precision CNC machine tools.

Uni-World Capital L.P. has made a strategic growth capital investment in Drake Manufacturing Services Co., a manufacturer of precision CNC machine tools.

Uni-World Managing Partner Christopher P. Fuller says, “Drake has been growing at a 
rapid pace with expanding international reach since 2008. We are confident that this 
trend will continue, and we see new markets both in the United States and overseas.” 
In addition to providing capital, Uni-World and its advisory board will provide strategic 
and operational advice as the company executes on its plan. 

“Drake is at an exciting point in its 42-year history and this new equity partnership will 
both sustain and increase our growth trajectory,” said James Vosmik, president of Drake 
Manufacturing Services Co., “We are looking forward to working with Uni-World and its advisory board to build on Drake’s position as a leading manufacturer of precision CNC machine tools for the U.S. and export markets.” 

Drake has 90 employees and will continue to be based in Warren, Ohio. Under the 
terms of the agreement, Drake’s senior management will be significant equity owners in 
the company and remain in their current positions. 

Scott Porter, the Uni-World partner who spearheaded the Drake acquisition, says, 
“Drake addresses large and growing worldwide markets and is in an excellent position 
with a respected brand name, a blue-chip customer base and a reputation for technical 
excellence. We are especially proud to be adding this Midwest manufacturing success 
story to the Uni-World portfolio of companies.”