Pine Grove Holdings Acquires Majority of KKSP Precision Machining from Mill Point Capital

PMGC Holdings Acquires SVM Machining for $2.25 Million

February 3, 2026

Industrial Services

PMGC Holdings Inc. has completed its acquisition of SVM Machining, Inc., buying 100% of the issued and outstanding shares for a cash base purchase price of $2.25 million on a cash-free, debt-free basis. The deal includes a $250,000 indemnification holdback and potential earnout consideration tied to SVM’s future revenue performance.

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.

Princeton Precision Group Acquires Tampa Bay Machining

November 17, 2021

Manufacturing

Princeton Precision Group (PPG) has acquired Tampa Bay Machining; Greenwich Capital Group served as exclusive financial advisor to PPG. The acquisition adds precision machining capabilities and an additional manufacturing facility in Tampa, Florida, expanding PPG's footprint and capabilities in aerospace, defense, space and medical end markets.

KKSP Precision Machining Acquires PRO Manufactured Products

April 6, 2020

Manufacturing

KKSP Precision Machining, a portfolio company of Mill Point Capital, acquired PRO Manufactured Products, a Plainfield, Connecticut-based manufacturer of stainless steel, aluminum and other alloy custom components. The deal expands KKSP's machining capabilities and alloy expertise and continues the company's expansion into the Northeast, supporting cross-selling into end markets including medical devices, communications, and water filtration.

Investor Group (Pine Island, Bain Capital Credit, Compass) Acquires Precinmac Precision Machining

April 2, 2020

Manufacturing

An investor group led by Pine Island Capital Partners with participation from Bain Capital Credit and Compass Partners Capital has acquired Precinmac Precision Machining from GenNx360 Capital Partners. Precinmac is a diversified manufacturer of high‑precision machined components and assemblies serving aerospace & defense, semiconductor and general industrial customers; financial terms were not disclosed.

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.