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  6. Precision Coating Acquires Providence Texture

M&A Deal Summary

Precision Coating Acquires Providence Texture

On May 16, 2023, Precision Coating acquired manufacturer Providence Texture

Acquisition Highlights
  • This is Precision Coating’s 1st transaction in the Manufacturing sector.
  • This is Precision Coating’s 4th transaction in the United States.
  • This is Precision Coating’s 1st transaction in Rhode Island.

M&A Deal Summary
Date 2023-05-16
Target Providence Texture
Sector Manufacturing
Buyer(s) Precision Coating
Deal Type Add-on Acquisition

Target

Providence Texture

Smithfield, Rhode Island, United States
Providence Texture is a laser services provider with core competencies in laser nanotexturing, marking, and micro-machining. Its core services include texturing, engraving, marking, and micro-machining performed on mold cavities, inserts, EDM electrodes, product components, and finished parts. Providence Texture is based in Smithfield, Rhode Island.

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Buyer(S) 1

Buyer

Precision Coating

Hudson, Massachusetts, United States
Category Company
Founded 1956
Sector Chemicals
DESCRIPTION

Precision Coating provides high-tolerance coating and specialized metal-finishing services to the Medtech industry. Precision Coating was founded in 1956 and is based in Hudson, Massachusetts.

DEAL STATS #
Overall 4 of 4
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Rhode Island M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-20 N2 Biomedical

Bedford, Massachusetts, United States

N2 Biomedical provides coating and surface treatment development and application services for implantable and other medical devices utilized in orthopedic, cardiovascular, and other healthcare end-markets. N2 Biomedical was founded in 2013 and is based in Bedford, Massachusetts.

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