G.S. Precision Acquires SMC Aerospace

AE Industrial Partners Acquires G.S. Precision

March 3, 2020

Manufacturing

AE Industrial Partners, a private equity firm focused on aerospace, defense and specialty industrials, has acquired G.S. Precision, a Brattleboro, Vermont-based manufacturer of high-precision aerospace and defense components. Terms were not disclosed; G.S. Precision will continue to be led by CEO Norm Schneeberger, who will remain a significant shareholder.

GCM Acquires Assets of Precision Swiss Products

January 7, 2025

Manufacturing

GCM, a portfolio company of Avista Healthcare Partners, acquired the assets of Precision Swiss Products (PSP), adding a state-of-the-art 50,000+ sq ft manufacturing facility in Wilmington, North Carolina. The asset purchase expands GCM's precision machining and micro-feature manufacturing capabilities and broadens its customer access across medical device, aerospace and semiconductor capital equipment markets.

G.S. Precision Acquires F.T. Gearing Systems

April 28, 2022

Aerospace & Defense

G.S. Precision, a portfolio company of AE Industrial Partners, has acquired F.T. Gearing Systems, a U.K.-based manufacturer of highly engineered aerospace gears. The deal expands G.S. Precision's gear capabilities and provides access to F.T. Gearing's blue-chip aerospace and defense customers; the Fitzgerald owners will remain with the business. Terms were not disclosed.

Precision Aerospace Holdings Acquires Decatur Machine Services

July 1, 2023

Manufacturing

Precision Aerospace Holdings, a portfolio company of CIC Partners, has acquired Decatur Machine Services, a Decatur, Texas-based precision machining company serving aerospace and defense customers. The transaction is an add-on to the Precision platform intended to expand its precision machining capabilities and program footprint across defense and aerospace customers.

GWS Tool Group Acquires STF Precision

October 20, 2020

Manufacturing

GWS Tool Group, a portfolio company of L Squared Capital Partners, has acquired STF Precision, a North Carolina-based manufacturer of precision PCD, SCD and CBN cutting tools. The add-on strengthens GWS's product capabilities in rotary PCD/CBN tooling and expands its manufacturing footprint into the Carolinas; STF's leadership will remain with GWS in operational roles.

Jet Parts Engineering Acquires AeroSpares

December 22, 2020

Aerospace & Defense

Jet Parts Engineering LLC, a portfolio company of Vance Street Capital, has acquired AeroSpares, Inc., a designer and seller of proprietary FAA-approved aftermarket PMA parts, particularly pressure switches. The add-on expands JPE's catalogue of proprietary PMA parts and engineering capabilities to better serve commercial and cargo airlines and MRO customers; financial terms were not disclosed.