Add-on Acquisition • Manufacturing

Micro Precision Acquires PRL

On October 28, 2020, Micro Precision acquired manufacturer PRL

Acquisition Context
  • This is Micro Precision’s 1st transaction in the Manufacturing sector.
  • This is Micro Precision’s 1st transaction in the United States.
  • This is Micro Precision’s 1st transaction in Pennsylvania.

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M&A Deal Summary

Date October 28, 2020
Target PRL
Sector Manufacturing
Buyer(s) Micro Precision
Deal Type Add-on Acquisition

Target Company

PRL

Cornwall, Pennsylvania, United States
PRL, Inc. is a supplier of high-tech alloy castings, close tolerance machined components, and nondestructive testing and upgrading services.
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Buyer Overview 1

Buyer

Micro Precision

South Windham, Connecticut, United States

Category Company
Founded 1981
Sector Manufacturing
DESCRIPTION

Micro Precision is a tier-one Level 1/Sub-Safe supplier of critical components for the U.S. Navy’s Virginia and Columbia class submarines. Micro Precision was founded in 1981 and is based in South Windham, Connecticut.


Deal Context for Buyer #
Overall 1 of 1
Sector: Manufacturing 1 of 1
Type: Add-on Acquisition 1 of 1
State: Pennsylvania 1 of 1
Country: United States 1 of 1
Year: 2020 1 of 1