Compart Systems (Platinum Equity Portfolio) Acquires Alpha Precision Turning & Engineering

Compass Group Equity Partners Partners with Koma Precision

August 18, 2026

Industrial Services

Compass Group Equity Partners announced its partnership with Koma Precision, a national provider of precision machine tool accessories, calibration services, and aftermarket parts and support. The investment is intended to support continued organic growth, capability expansion, and opportunities for strategic add-ons as Koma builds a national platform.

Precision Aerospace Holdings Acquires Clearwater Engineering

March 18, 2025

Manufacturing

Dallas-based Precision Aerospace Holdings, a portfolio company of Juniper Capital Management and CIC Partners, has acquired Clearwater Engineering, a Derby, Kansas precision machining and CNC milling company serving commercial and government aerospace customers. The add-on deal (closed March 7, 2025) expands Precision's Midwest footprint, adds machining capacity and capabilities, and brings approximately 40 Clearwater employees into the Precision platform.

Nichols Portland, Inc. Acquires Assets of Alpha Precision Group, LLC

December 29, 2021

Manufacturing

Nichols Portland, Inc., a portfolio company of Altus Capital Partners, acquired the assets of Alpha Precision Group, LLC (APG). APG is a diversified metal-forming manufacturer (powder metallurgy, metal injection molding, additive manufacturing and precision valve assemblies) headquartered in St. Marys, Pennsylvania, with five plants across Pennsylvania and Michigan and over 400 employees; financial terms were not disclosed.

Shanghai Wanye Enterprises Acquires Compart Systems from Platinum Equity

December 22, 2020

Manufacturing

Platinum Equity has sold Compart Systems Pte Ltd., a Singapore-headquartered precision-machined components manufacturer with operations in China and Malaysia, to Shanghai Wanye Enterprises for approximately $398 million. Platinum Equity said it developed Compart into a technology-driven manufacturing solutions provider through operational improvements and add-ons; Shanghai Wanye acquires the business to expand its manufacturing capabilities and growth plans.

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.

Main Street Capital Holdings Forms Compass Precision Platform by Acquiring Three Precision Metal Manufacturers

December 17, 2019

Manufacturing

Main Street Capital Holdings, LLC created a new precision metal manufacturing platform, Compass Precision, LLC, by acquiring Quality Products & Machine, LLC, Advanced Machining & Tooling, LLC, and Tri-Tec Industries Inc. All three acquired companies are based in the Charlotte, North Carolina area; Compass Precision will consolidate capabilities (machining, EDM, fabrication, assembly and test) to serve aerospace & defense, medical and industrial customers and pursue further add-on acquisitions.