Dahlquist Machine, a machining company, has become a platform investment for Core Industrial Partners, the Chicago private equity firm focused on industrial businesses.

The transaction gives Core a manufacturing-services company inside a portfolio centered on industrials and production-oriented assets.

Dahlquist Machine operates in machining, a core outsourced manufacturing category tied to the production of parts, components and related work for industrial customers.

The company’s disclosed business profile is centered on machining services rather than a broader fabricated-products or distribution model.

Core Industrial Partners invests in manufacturing, industrial technology and industrial services companies.

In this deal, Core is backing Dahlquist Machine directly as a platform, rather than through an existing portfolio company buyer.

The acquisition adds a standalone operating business to Core’s industrials portfolio and gives Dahlquist Machine a private equity owner with a sector mandate in manufacturing services.

No seller, financing providers or advisers were identified in the deal record.