The Eastern Company Acquires Sungear and Crown Precision for $7.85 Million

VSE Corporation Acquires Precision Aviation Group

January 29, 2026

IT Services

VSE Corporation (NASDAQ: VSEC) agreed to acquire Precision Aviation Group, Inc. (PAG) in a $2.025 billion cash-and-equity transaction, including up to $125 million of contingent earnout consideration. The deal expands VSE’s aviation aftermarket distribution and MRO platform, adding PAG’s 29-location MRO network and strengthening engine, component, and avionics services capabilities.

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.

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.

The Eastern Company Acquires Big 3 Precision for $81.7 Million

September 3, 2019

Packaging

The Eastern Company (NASDAQ:EML) acquired 100% of Big 3 Precision Products, Inc. and Big 3 Precision Mold Services, Inc. from TVV Capital for $81.7 million. The acquisition expands Eastern's engineered/returnable packaging and mold-tooling capabilities, is immediately accretive to earnings, and supports Eastern's strategy to grow EBITDA and pursue bolt-on acquisitions.

H-D Advanced Manufacturing (backed by The Riverside Company, Hicks Equity Partners and Weinberg Capital Group) Acquires Sungear

July 2, 2014

Manufacturing

H-D Advanced Manufacturing, a holding company backed by The Riverside Company, Hicks Equity Partners and Weinberg Capital Group, has acquired Sungear, Inc., a San Diego-based manufacturer of precision gears for the aerospace industry. The deal is an add-on to H-D's gear products division and aims to expand the platform's capabilities and presence in the aerospace supply chain.