American Cutting Edge (“ACE”) Acquires Pilot Precision Products
Pfingsten announces its portfolio company, Cutting Edge Equity, L.P. (“American Cutting Edge” or “ACE”), has acquired Pilot Precision Products, LLC (“Pilot”), a distributor and manufacturer of consumable industrial broaches, cutting tools and precision drill bits. Headquartered in South Deerfield, MA, Pilot offers a broad portfolio of critical parts and services supporting industrial, aerospace & defense, medical, electronics and equipment end markets.
“We are excited to welcome Pilot to the ACE family,” said Brandon Sorensen, CEO of ACE. “Pilot’s highly respected brands, technical expertise and complementary, high-quality products strengthen our ability to serve customers across a broad range of applications.”
“ACE is an excellent partner for Pilot as we enter our next chapter of growth,” said Eric Hagopian, Founder and CEO of Pilot. “We look forward to combining our technical expertise with ACE’s commercial resources to bring specialized solutions to our customers and reach new markets.”
Pilot is ACE’s first strategic acquisition under Pfingsten’s ownership. “The acquisition of Pilot is a critical next step for ACE in building a leading, national provider of consumable cutting tools and related parts,” said Scott Finegan, Senior Managing Director at Pfingsten. “Pilot’s longstanding customer relationships, industry expertise and high levels of customer service make it a valuable addition to the ACE platform.”
The transaction closed on October 30, 2026. To learn more about American Cutting Edge and Pilot, please visit americancuttingedge.com and pilotprecision.com.
About Pfingsten
Pfingsten is an operationally focused private equity firm founded in 1989. From its headquarters in Chicago, the firm builds better businesses through operational improvements, professional management practices, global capabilities and profitable business growth. Since completing its first investment in 1991, Pfingsten has raised six investment funds with total commitments of approximately $1.8 billion and has acquired 181 manufacturing, distribution and business services companies. For more information, visit pfingsten.com.
About American Cutting Edge
American Cutting Edge is a distributor of consumable knives, blades and razors. In addition to distributing knives, blades and razors, the company also provides value-added services including sharpening, etching and inventory management. American Cutting Edge sells to end users, distributors and OEMs within the recycling, converting, industrial, flooring installation, plastic production, food and packaging, tree care and archery end markets.
