Prince Industries Acquires Keystone Precision & Engineering

HCPI Portfolio Company Prince Industries Acquires Precision Shapes

February 8, 2023

Manufacturing

Prince Industries, a portfolio company of HC Private Investments (HCPI), has acquired Precision Shapes, Inc. (PSI), an AS9100-certified precision machining and sheet metal fabrication firm located on Florida’s Space Coast. The add-on strengthens Prince’s aerospace and defense capabilities and expands the combined company’s national manufacturing footprint; terms were not disclosed.

Prince Industries Acquires Bradford Machine

March 26, 2024

Manufacturing

Prince Industries, an HC Private Investments portfolio company, acquired Bradford Machine, a Brattleboro, Vermont-based precision machining firm, to expand Prince’s medical device, aerospace and defense capabilities. The transaction terms were not disclosed; debt financing was provided by Wintrust Financial Corporation, Signature Bank and Midwest Mezzanine Funds, with Winston & Strawn serving as legal counsel and Mirus Capital Advisors advising Bradford.

Prince Industries (HCPI) Acquires Vulcan Machine

June 27, 2023

Manufacturing

Prince Industries, a portfolio company of HC Private Investments (HCPI), has acquired Vulcan Machine, Inc., an AS9100-certified precision machining shop based in Tampa, Florida. The add-on acquisition will bolster Prince's aerospace and defense capabilities; Vulcan's existing leadership team will remain in place. Terms were not disclosed.

HC Private Investments and Isleworth Capital Partners Invest in Prince Industries

May 18, 2022

Manufacturing

HC Private Investments, alongside Isleworth Capital Partners, has partnered with the founding family of Prince Industries to provide growth capital to the precision machining and sheet metal fabricator. Proceeds will be used to accelerate growth and expand operational capabilities; Prince CEO Mark Miller will remain on the board and retain a significant investment. Midwest Mezzanine Funds provided subordinated debt and equity to support the transaction.

The Heico Companies Acquires Precision Engineering

January 20, 2023

Manufacturing

The Heico Companies has completed the acquisition of Precision Engineering, a Uxbridge, Massachusetts-based Tier-1 manufacturer of precision sheet metal enclosures. Precision will join Heico’s Thermal Solutions Segment (TSS), expanding TSS’s capability to offer high-precision sheet metal–based thermal enclosures and peripherals to aerospace/defense and critical industrial OEMs.

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.