Berkshire Partners and Warburg Pincus recapitalized Consolidated Precision Products Corp.

Private equity firms Berkshire Partners and Warburg Pincus recapitalized Consolidated Precision Products, a manufacturer of highly engineered components and sub-assemblies primarily for the commercial aerospace, defense and industrial gas turbine markets. Financial terms were not disclosed. "We are excited to continue expanding our suite of complex castings offerings and delivering best-in-class service in collaboration with Berkshire Partners and Warburg Pincus," said James Stewart, Chief Executive Officer of CPP. "Our new relationship with Berkshire Partners and ongoing partnership with Warburg Pincus will enable us to further build upon the success we have achieved. Both firms are growth-oriented and have deep expertise in the aerospace and defense sectors."