Auxo Investment Partners Acquires Precision Products Group, Inc. from Long Point Capital
November 9, 2020
Auxo Investment Partners has acquired Precision Products Group, Inc. (PPG) from Long Point Capital (with Greyrock Capital Group as part of the selling partnership); PPG management participated alongside Auxo. PPG is a niche manufacturer of small-diameter spiral-wound tubes/cores and specialty pharmaceutical and consumer packaging (including the Euclid Medical Products unit-dose systems); transaction terms were not disclosed and BGL served as exclusive advisor and executed a sale-leaseback of PPG real estate.
- Buyers
- Auxo Investment Partners, PPG management
- Targets
- Precision Products Group, Inc.
- Sellers
- Long Point Capital, Greyrock Capital Group
- Industry
- Manufacturing
- Location
- Ohio, United States
- Transaction Type
- Buyout
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