G.S. Precision Acquires SMC Aerospace

PMGC Holdings Acquires A&B Aerospace for $4.5 Million

May 18, 2026

Industrial Services

PMGC Holdings Inc. acquired 100% of A&B Aerospace, Inc. for a base cash purchase price of $4.5 million, including a $4.275 million payment at closing and a $225,000 indemnification holdback. The company said A&B Aerospace will continue operating from its Azusa, California facility under existing leadership while the purchase price is subject to customary post-closing cash and working-capital adjustments.

PMGC Holdings Acquires A&B Aerospace

May 13, 2026

Industrial Services

PMGC Holdings acquired 100% of A&B Aerospace, a precision-machining and aerospace manufacturing company serving aerospace and defense customers. The deal expands PMGC’s U.S.-based precision manufacturing roll-up strategy focused on AS9100D-certified CNC machining businesses.

GCM Acquires Assets of Precision Swiss Products

January 7, 2025

Manufacturing

GCM, a portfolio company of Avista Healthcare Partners, acquired the assets of Precision Swiss Products (PSP), adding a state-of-the-art 50,000+ sq ft manufacturing facility in Wilmington, North Carolina. The asset purchase expands GCM's precision machining and micro-feature manufacturing capabilities and broadens its customer access across medical device, aerospace and semiconductor capital equipment markets.

Precision Aerospace Holdings Acquires Decatur Machine Services

July 1, 2023

Manufacturing

Precision Aerospace Holdings, a portfolio company of CIC Partners, has acquired Decatur Machine Services, a Decatur, Texas-based precision machining company serving aerospace and defense customers. The transaction is an add-on to the Precision platform intended to expand its precision machining capabilities and program footprint across defense and aerospace customers.

G.S. Precision Acquires F.T. Gearing Systems

April 28, 2022

Aerospace & Defense

G.S. Precision, a portfolio company of AE Industrial Partners, has acquired F.T. Gearing Systems, a U.K.-based manufacturer of highly engineered aerospace gears. The deal expands G.S. Precision's gear capabilities and provides access to F.T. Gearing's blue-chip aerospace and defense customers; the Fitzgerald owners will remain with the business. Terms were not disclosed.

AE Industrial Partners Acquires G.S. Precision

March 3, 2020

Manufacturing

AE Industrial Partners, a private equity firm focused on aerospace, defense and specialty industrials, has acquired G.S. Precision, a Brattleboro, Vermont-based manufacturer of high-precision aerospace and defense components. Terms were not disclosed; G.S. Precision will continue to be led by CEO Norm Schneeberger, who will remain a significant shareholder.