Hartford Business Journal

HBJ071326UF

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14 HARTFORDBUSINESS.COM | JULY 13, 2026 Consolidation Play With $75M, CT-based acquisition firm targets family- owned machine shops to build aerospace supplier By Harriet Jones hjones@hartfordbusiness.com A new entrant into the crowded aerospace and medical device supply chain market is hoping to ride the U.S. manufacturing reshoring wave. But rather than launching a busi- ness from scratch, Milford-based Talon Precision is using $75 million in equity funding to buy high-performing precision machine shops and help them grow under common ownership. Talon is backed by an investor group led by Mitchell Rales, co-founder of Danaher Corp., the Washington, D.C.-based global life sciences and diagnostics company. It has also tapped the experi- ence of Connecticut native Joe Rios, who left Pratt & Whitney after an 18-year career, most recently serving as chief of staff for the company's military engines division. He is now Talon's chief operating officer. "We are looking very much to build a very big brand in Connecticut and certainly in Aerospace Alley," Rios said in an interview. Talon's first acquisi- tion is a small machine shop in Milford, B & A Company, a two-generation, family-owned business. Talon says it has four Image | ChatGPT Joe Rios 26_003864_Hartford_Business_Journal_JUL Mod: April 24, 2026 11:07 AM Print: 05/19/26 page 1 v2.5 WIPE OUT THE WAIT JANITORIAL PRODUCTS ALWAYS IN STOCK ORDER BY 6 PM FOR SAME DAY SHIPPING COMPLETE CATALOG 1-800-295-5510 uline.com π AT A GLANCE Talon Precision Industry: Advanced Manufacturing Top Executive: Jesse Reising, CEO & Co-Founder HQ: 160 Wampus Lane, Milford Website: talonpx.com Contact: info@talonpx.com

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