Precision Production Management-Led Buyout Acquired From Spell Capital Partners
June 10, 2026
Precision Production LLC, an ISO-certified manufacturer of precision machined components headquartered in Strongsville, Ohio, completed a management-led buyout to return the company to independent ownership. The deal was completed via a purchase from Spell Capital Partners, with management (President and CEO Bryon Shafer and CFO Rick Sykora) continuing to lead and co-founder Craig Cook returning as Executive Chairman.
- Buyers
- Precision Production Leadership Team
- Targets
- Precision Production LLC
- Sellers
- Spell Capital Partners
- Industry
- Manufacturing
- Location
- Ohio, United States
- Transaction Type
- Buyout
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