The Sterling Group to Acquire Majority Ownership Stake in Precision Concepts International from ONCAP
July 15, 2025
The Sterling Group, a Houston-based middle-market private equity firm, entered into a definitive agreement to acquire a majority ownership stake in Precision Concepts International, LLC (PCI) from ONCAP. PCI is a specialty rigid packaging solutions provider headquartered in Huntersville, North Carolina, with five U.S. manufacturing facilities plus locations in Canada and Costa Rica.
- Buyers
- The Sterling Group
- Targets
- Precision Concepts International, LLC (PCI)
- Sellers
- ONCAP
- Industry
- Manufacturing
- Location
- North Carolina, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Precision Concepts International (PCI) Acquires Comar
November 4, 2025
Manufacturing
Precision Concepts International (PCI), a portfolio company of The Sterling Group, has acquired Comar to create a scaled rigid packaging platform serving consumer and healthcare customers across North America. The deal expands PCI's product and geographic footprint and enhances customer and end-market diversification in rigid and medical plastic packaging.
-
Celestica Acquires PCI Limited from Platinum Equity
September 21, 2021
Manufacturing
Celestica Inc. agreed to acquire PCI Limited, a Singapore-based electronics manufacturing services (EMS) provider, from Platinum Equity for $306 million in cash. The deal, announced September 21, 2021, expands Celestica's manufacturing and design capabilities across Asia and is expected to close in mid-Q4 2021 subject to regulatory approvals.
-
Trive-backed Vitesse Systems Acquires Sterling Precision, Inc.
November 4, 2021
Aerospace & Defense
Trive Capital-backed Vitesse Systems has acquired Sterling Precision, Inc., a Clinton, Massachusetts manufacturer of dip-brazed assemblies, cold plates and waveguides. The add-on expands Vitesse's thermal management and precision waveguide manufacturing capabilities to better serve aerospace, radar and electronic warfare customers.
-
Specialized Packaging Group Acquires Packaging Concepts & Design and Packaging Specialists, Inc.
December 6, 2021
Manufacturing
Specialized Packaging Group (SPG), a portfolio company of Altamont Capital Partners, acquired Packaging Concepts & Design (PC&D) of Troy, Michigan and Packaging Specialists, Inc. (PSI) of Phoenix, Arizona from common owner O2 Investment Partners. The add-on acquisition expands SPG's Engineered Packaging capabilities, adds roughly 100 employees to the combined workforce, and strengthens SPG's engineering, design and manufacturing footprint across North America—particularly in automotive and aerospace end markets.
-
Grossman Marketing Group Acquires PCI Creative Group
June 22, 2021
Marketing & Advertising
Grossman Marketing Group, a fourth-generation family-owned global print management and brand marketing firm based in Somerville, Massachusetts, has acquired PCI Creative Group, a Stamford, Connecticut-based cross-media marketing and creative services firm. The acquisition expands Grossman's service portfolio and client base; PCI's employees were retained and several PCI partners will assist with the transition.
-
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.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.