The Eastern Company Acquires Big 3 Precision for $81.7 Million

The Eastern Company Acquires Velvac Holdings, Inc. from Prospect Partners

April 4, 2017

Manufacturing

The Eastern Company has acquired Velvac Holdings, Inc., a portfolio company of Prospect Partners, for $39.5 million plus an earnout tied to Road-iQ growth. Velvac — a designer and manufacturer of camera-enabled vision systems for medium and heavy-duty commercial vehicles and motorhomes — will operate as an independent subsidiary with its existing CEO continuing to lead the business.

7 Seas Capital and Tico Capital Partners Recapitalize Precision Piping Products

June 18, 2025

Manufacturing

7 Seas Capital and Tico Capital Partners acquired a recapitalization stake in Precision Piping Products (P3), a Houston-based manufacturer of patented flange protection products, in a transaction that closed May 22, 2025. Parkway Capital and Pine Street Capital Partners provided subordinated debt and equity support alongside the new investors, with founders Keith and Debbie Nichols remaining in leadership.

Kouza Capital / Kouza Management Acquires Empire Precision Plastics

March 17, 2022

Manufacturing

Kouza Capital, via affiliate Kouza Management, has acquired Empire Precision Plastics (EPP), a Rochester, New York-based manufacturer of precision injection-molded and optical plastic components. The transaction transferred 100% of Empire's equity to Kouza, which said the acquisition will create supply-chain synergies with its portfolio and support Empire's growth; terms were not disclosed.

New Mountain Capital & Endicott Capital Acquire 3E from Verisk

March 14, 2022

Data & Analytics

New Mountain Capital, together with Endicott Capital, has closed the acquisition of 3E from Verisk, with New Mountain serving as the control investor. 3E is an environmental health & safety (EHS) data and software provider serving roughly 5,000 customers worldwide; the buyers plan to invest in product innovation, market expansion, and strategic M&A to accelerate growth.

L Squared Forms BTX Precision with Acquisitions of ERA Industries, Gen-El-Mec and i3DMFG

February 20, 2024

Manufacturing

L Squared Capital Partners has formed BTX Precision by combining three precision components manufacturers—ERA Industries, Gen-El-Mec, and i3DMFG—as part of an accelerated consolidation strategy in the fragmented North American precision components market. The acquired businesses will operate under the BTX platform with existing leadership retained as ongoing owners, and L Squared intends to pursue additional add-on acquisitions to build scale and complementary capabilities.

The Partner Companies Acquires Precision Eforming

July 8, 2025

Manufacturing

The Partner Companies (TPC) has acquired Precision Eforming, a Cortland, New York-based maker of precision electroformed metal mesh and sieves. The acquisition expands TPC's micro-component and electroforming capabilities and broadens its access to end markets including aerospace, medical, defense, electronics and energy.