Centerbridge Partners
Assembly Line
Precinmac to be Acquired by Centerbridge Partners
Precinmac LP, a leading manufacturer of high-complexity precision components, announced a definitive agreement to be acquired by funds advised by affiliates of Centerbridge Partners, L.P., a leading private investment firm. Centerbridge is acquiring Precinmac from an investor group comprising Pine Island Capital Partners, Bain Capital’s Private Credit Group and Compass Partners Capital, who have been the Company’s investment partners since April 2020.
Precinmac is a supplier of complex precision components for mission-critical applications in aerospace, defense, space, semiconductor and other high-requirements end markets. The Company serves these customers through a network of nine facilities across the United States and Canada.