MPI Corporation Acquires Precision Stampings, Inc.

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.

Turnspire Capital Partners Acquires MPI Holdings

January 16, 2020

Manufacturing

Turnspire Capital Partners, a New York-based special situations private equity firm, has acquired the assets of MPI Holdings, LLC, a North American leader in fineblanked, high-precision metal components for automotive and industrial applications. Turnspire named Trevor Myers as President & CEO and plans to invest in process improvements, R&D, organic growth and strategic acquisitions to expand MPI's capabilities and end markets.

Compass Partners Acquires Micro Precision LLC

July 29, 2019

Aerospace & Defense

Compass Partners Capital LLC, a Stamford-based investment firm focused on defense and aerospace, has completed the acquisition of Micro Precision LLC (MPI), a South Windham, Connecticut-based supplier of critical parts and mechanical assemblies to the U.S. submarine program. Compass said the investment will support MPI's growth and expansion of manufacturing capabilities to better serve prime submarine contractors and the U.S. Department of Defense.

Crane Company Acquires Precision Sensors & Instrumentation (PSI) from Baker Hughes

January 1, 2026

Manufacturing

Crane Company has completed its acquisition of Precision Sensors & Instrumentation (PSI), including the Panametrics business, from Baker Hughes. The transaction — first announced in June 2025 — closed January 1, 2026 for a reported net purchase price of approximately $1.06 billion and is intended to expand Crane's precision sensing and instrumentation capabilities across aerospace, nuclear and process end markets.

G.S. Precision Acquires SMC Aerospace

March 25, 2022

Manufacturing

G.S. Precision, a portfolio company of AE Industrial Partners, has acquired SMC Aerospace, a family-owned manufacturer of engineered tubes and machined components serving the aerospace and defense markets. The add-on expands G.S. Precision’s capabilities in precision tube and machined part manufacturing and will integrate SMC’s New Hampshire facilities and leadership into GSP operations.

PrecisionX Group Acquires MSK Precision Products, Inc.

August 27, 2024

Manufacturing

PrecisionX Group, a portfolio company of CORE Industrial Partners, has acquired MSK Precision Products, Inc., a Tamarac, Florida-based precision machining and assembly provider specializing in Swiss-style CNC turning. The add-on expands PrecisionX's specialty precision metal manufacturing capabilities, deepens its presence in medical and aerospace & defense end markets and adds East Coast capacity; Monroe Capital provided debt financing support and FOCUS Investment Banking represented CORE.