Spell Capital Partners Invests in Precision Production

New Capital Partners Invests in Precision Business Solutions

September 23, 2020

Data & Analytics

New Capital Partners (NCP) has made a growth investment in Precision Business Solutions, LLC, a Dallas-based data analytics and market intelligence provider founded by Colin Campbell. NCP will partner with Precision’s management to accelerate technology, data collection, and commercialization efforts to better serve professional supply market customers across North America and Europe.

Spell Capital Partners Invests in Complete Packaging

July 10, 2019

Manufacturing

Spell Capital Partners has made a private equity investment in Complete Packaging, partnering alongside the company’s senior management. Complete Packaging, headquartered in Monroe, Michigan, is a supplier of precision engineered corrugated and wood packaging solutions serving automotive and industrial end markets; Spell Capital said it will work with management to expand the business.

Westbourne Capital Partners Leads Investment in Delta Precision Components

January 24, 2022

Manufacturing

Westbourne Capital Partners, together with SRS International Holdings, Stephens Capital Partners, Lakeview Capital and First Haven Capital, completed a strategic growth investment in Delta Precision Components to support the company's expansion in Aerospace & Defense and Alternative Powertrain end-markets. Delta, a Livonia, Michigan-based precision gear designer and manufacturer founded in 1952, will retain its current leadership while leveraging new capital and added management (President and CFO) to pursue customer and capability expansion.

Spell Capital Partners Sells Vestal Manufacturing

December 16, 2020

Manufacturing

Spell Capital Partners (the Spell Family Office) announced the sale of portfolio company Vestal Manufacturing, a producer of foundry cast iron and steel fabricated components serving municipalities, OEMs and the home building/hearth industries. Spell acquired Vestal as a platform in 2015 and, during its ownership, grew revenues, improved profitability and expanded product offerings; the buyer was not disclosed in the announcement.

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.

Abry Partners Makes Minority Growth Investment in Precision Strategies

February 22, 2023

Marketing & Advertising

Abry Partners, a Boston-based private equity firm, has made a minority strategic investment in Precision Strategies, an integrated strategy and marketing agency headquartered in Washington, D.C. The capital will support Precision's long-term growth and expansion of services and markets, with advisors GP Bullhound representing Precision and BrightTower advising Abry Partners.