M&A Deal Summary

Micro Precision Acquires PRL

On October 28, 2020, Micro Precision acquired manufacturer PRL

Acquisition Highlights
  • 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.

M&A Deal Summary

Date 2020-10-28
Target PRL
Sector Manufacturing
Buyer(s) Micro Precision
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1