Pine Grove Holdings Acquires Majority of KKSP Precision Machining from Mill Point Capital

KKSP Precision Machining Acquires Prime Engineered Component

March 31, 2020

Manufacturing

KKSP Precision Machining, a Mill Point Capital portfolio company, has acquired Prime Engineered Component, Inc., a Watertown, Connecticut-based manufacturer of aluminum, brass and stainless steel custom metal components. The acquisition expands KKSP’s capacity and capabilities—adding Prime’s 85+ multi-spindle screw machines and CNC equipment—and extends the KKSP platform into the Northeast U.S.

KKSP Precision Machining Acquires PRO Manufactured Products

April 6, 2020

Manufacturing

KKSP Precision Machining, a portfolio company of Mill Point Capital, acquired PRO Manufactured Products, a Plainfield, Connecticut-based manufacturer of stainless steel, aluminum and other alloy custom components. The deal expands KKSP's machining capabilities and alloy expertise and continues the company's expansion into the Northeast, supporting cross-selling into end markets including medical devices, communications, and water filtration.

PrecisionX Group Acquires MSK Precision Products, Inc.

August 27, 2024

Manufacturing

PrecisionX Group, a portfolio company of CORE Industrial Partners, has acquired MSK Precision Products, Inc., a Tamarac, Florida-based precision machining and assembly provider specializing in Swiss-style CNC turning. The add-on expands PrecisionX's specialty precision metal manufacturing capabilities, deepens its presence in medical and aerospace & defense end markets and adds East Coast capacity; Monroe Capital provided debt financing support and FOCUS Investment Banking represented CORE.

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.

Princeton Precision Group Acquires Tampa Bay Machining

November 17, 2021

Manufacturing

Princeton Precision Group (PPG) has acquired Tampa Bay Machining; Greenwich Capital Group served as exclusive financial advisor to PPG. The acquisition adds precision machining capabilities and an additional manufacturing facility in Tampa, Florida, expanding PPG's footprint and capabilities in aerospace, defense, space and medical end markets.

PT Holdings, LLC Acquires K&D Factory Service and Pine Tree Food Equipment

November 1, 2021

Industrial Services

PT Holdings, LLC has acquired K&D Factory Service and Pine Tree Food Equipment and added them to its PT Holdings Service division to expand distribution of genuine OEM foodservice parts and field service capability. K&D Factory Service, led by Dan Dibeler and headquartered in Harrisburg, Pennsylvania, will continue operating under its existing brands; Pine Tree Food Equipment (Gray, Maine) was previously acquired by K&D in 2019. The deal strengthens PT Holdings' Parts Town-led platform and expands its regional parts distribution and service footprint.