Centerbridge Partners Acquires Precinmac LP

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.

Precinmac Acquires Petersen Inc.

April 4, 2022

Manufacturing

Precinmac, a PE-backed diversified manufacturer, has acquired Petersen Inc., a large-format precision fabrication and machining company with facilities in Ogden, Utah and Pocatello, Idaho. The acquisition expands Precinmac's manufacturing capabilities and product offerings to better serve aerospace & defense, semiconductor, energy, medical and other industrial end markets.

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.

CIC Partners and Juniper Capital Form Precision Aerospace, Recapitalize Applegate EDM and Icon Machine Co.

June 30, 2022

Manufacturing

Dallas-based private equity firms CIC Partners and Juniper Capital Management partnered to form Precision Aerospace Holdings and completed a recapitalization that unites Applegate EDM and Icon Machine Co. under the new platform to serve aerospace, space and defense OEMs. The combined platform, led by CEO Pete Stegmaier, will pursue organic and acquisitive growth to expand precision machining and EDM capabilities for sophisticated aerospace and defense programs.

Marco Rubber & Plastics Acquires Premiere Precision Components from KLH Capital

January 7, 2021

Manufacturing

Marco Rubber & Plastics, a portfolio company of Align Capital Partners, has acquired Premiere Precision Components from KLH Capital. Premiere, headquartered in Holiday, Florida, is a value-added manufacturer of custom molded rubber, plastic, and metal components serving end markets including communications, pool & spa, lawn & garden and HVAC; the deal is Marco's first add-on since Align's investment and expands the platform's product and distribution capabilities.

Insight Partners and Partners Group Make Strategic Investment in Precisely

April 21, 2022

Data & Analytics

Insight Partners and Partners Group agreed to make a strategic investment in Precisely, joining existing sponsors Clearlake Capital, TA Associates, and Centerbridge Partners. The minority growth investment (terms undisclosed) will fund product innovation and support Precisely's buy-and-build strategy to expand its data integrity software platform.