M&A Deal Summary

Precision Castparts Acquires Atlantic Precision

On October 25, 2016, Precision Castparts acquired engineering company Atlantic Precision from Generation Growth Capital

Acquisition Highlights
  • This is Precision Castparts’ 1st transaction in the Engineering sector.
  • This is Precision Castparts’ 28th transaction in the United States.
  • This is Precision Castparts’ 1st transaction in Florida.

M&A Deal Summary

Date 2016-10-25
Target Atlantic Precision
Sector Engineering
Buyer(s) Precision Castparts
Sellers(s) Generation Growth Capital
Deal Type Add-on Acquisition
Advisor(s) Imperial Capital (Financial)

Target

Atlantic Precision

Port St Lucie, Florida, United States
Atlantic Precision, Inc. is a provider of 3D printing metal and additive manufacturing technologies. Atlantic Precision is based in Port St Lucie, Florida.

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Buyer(S) 1

Buyer

Precision Castparts

Portland, Oregon, United States

Category Company
Founded 1949
Sector Manufacturing
Employees29,900
Revenue 10.0B USD (2015)
DESCRIPTION

Precision Castparts is a manufacturer of complex metal components and products. It serves the aerospace, power, and general industrial markets. Precision Castparts was formed in 1953 and is headquartered in Portland, Oregon.


DEAL STATS #
Overall 31 of 31
Sector: Engineering M&A 1 of 1
Type: Add-on Acquisition M&A Deals 26 of 26
State: Florida M&A 1 of 1
Country: United States M&A 28 of 28
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-03 McSwain Manufacturing

Cincinnati, Ohio, United States

McSwain Manufacturing Corp. engages in manufacturing specializing in tight tolerance, large turning and milling operations primarily supporting the industrial gas turbine market.

Sell -

Seller(S) 1

SELLER

Generation Growth Capital

Milwaukee, Wisconsin, United States

Investor Investor Investor


Category Private Equity Firm
Founded 2007
Size Small
Type Sector Agnostic
DESCRIPTION

Generation Growth Capital is a lower-middle market private equity firm. Generation invests in established manufacturing, service, and distribution businesses valued up to $30 million. The Firm will consider equity and subordinated debt commitments and looks to invest $1 to $10 million per transaction. Generation Growth Capital has offices in Milwaukee and Chicago.


DEAL STATS #
Overall 4 of 15
Sector: Engineering M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 5
State: Florida M&A 1 of 1
Country: United States M&A 4 of 15
Year: 2016 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-01 Choice Construction Co.

Menomonee Falls, Wisconsin, United States

Choice Construction Companies, Inc. provides reinforcing steel installation, structural steel and precast erection, structural steel rehabilitation, specialized rigging, and installation of pre-engineered metal buildings thoughout the state of Wisconsin. Choice Construction Co. was founded in 1994 and is based in Menomonee Falls, Wisconsin.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-16 Harrell s Car Wash Systems

Indianapolis, Indiana, United States

Harrell's Car Wash Systems is a distributor of car wash systems and supplies. Harrell's Car Wash Systems, Inc. was founded in 1978 and is based in Indianapolis, Indiana.

Buy -