Precinmac Acquires Petersen Inc.

Investor Group (Pine Island, Bain Capital Credit, Compass) Acquires Precinmac Precision Machining

April 2, 2020

Manufacturing

An investor group led by Pine Island Capital Partners with participation from Bain Capital Credit and Compass Partners Capital has acquired Precinmac Precision Machining from GenNx360 Capital Partners. Precinmac is a diversified manufacturer of high‑precision machined components and assemblies serving aerospace & defense, semiconductor and general industrial customers; financial terms were not disclosed.

Centerbridge Partners Acquires Precinmac LP

October 14, 2024

Manufacturing

Centerbridge Partners has agreed to acquire Precinmac LP, a precision components manufacturer serving aerospace, defense, space and semiconductor equipment markets, from an investor group including Pine Island Capital Partners, Bain Capital's Private Credit Group and Compass Partners Capital. The transaction, announced Oct. 14, 2024, is expected to close in Q4 2024 (reported closed Dec. 2, 2024 by some sources); financial terms were not disclosed.

Precinmac Acquires Viper Northwest and Shields Manufacturing

December 18, 2020

Manufacturing

Precinmac Precision Machining acquired Albany, Oregon-based Viper Northwest, Inc. and Tualatin, Oregon-based Shields Manufacturing, Inc., strengthening its West Coast presence and expanding precision machining capabilities. The add-on acquisitions broaden Precinmac's capacity to serve semiconductor, aerospace, defense and life sciences customers; financial terms were not disclosed.

Pexco LLC Acquires Precise Aerospace Manufacturing, Inc.

August 12, 2024

Manufacturing

Pexco LLC, an Odyssey-backed specialty plastics processor based in Atlanta, acquired Precise Aerospace Manufacturing, Inc., a Yorba Linda, California-based precision plastics molder and contract manufacturer. The deal (advised by Houlihan Lokey for Precise) expands Pexco’s injection molding and high-performance polymer capabilities, adds a West Coast manufacturing site (its 13th), and strengthens its position in aerospace, defense, medical and electronics end markets.

Precision Aerospace Holdings Acquires Clearwater Engineering

March 18, 2025

Manufacturing

Dallas-based Precision Aerospace Holdings, a portfolio company of Juniper Capital Management and CIC Partners, has acquired Clearwater Engineering, a Derby, Kansas precision machining and CNC milling company serving commercial and government aerospace customers. The add-on deal (closed March 7, 2025) expands Precision's Midwest footprint, adds machining capacity and capabilities, and brings approximately 40 Clearwater employees into the Precision platform.

Alamo Group Acquires Petersen Industries

January 30, 2026

Manufacturing

Alamo Group Inc. completed its acquisition of Petersen Industries, a manufacturer of truck‑mounted grapple loader equipment, finalizing a deal first announced with a purchase agreement on December 10, 2025. Alamo said the purchase expands its material‑handling and vegetation‑management product offering and will leverage Alamo’s sales channels to broaden Petersen’s market coverage and support product development.