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Announced

Completed

Main Street Capital Holdings-backed Compass Precision completed the acquisition of Gray Manufacturing Technologies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

United States

Private

Completed

Domestic

Private Equity

high-precision metal components

Acquisition

Single Bidder

Machinery: Specialty

Synopsis

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Main Street Capital Holdings-backed Compass Precision, manufactures custom metal precision components, in small, medium and prototype quantities, completed the acquisition of Gray Manufacturing Technologies, a manufacturer of precision metal components for space, aerospace, and defence industries. Financial terms were not disclosed. “When we formed Compass Precision, our plan was to grow aggressively, both organically and via acquisition. Gray Manufacturing Technologies is an incredibly well-run precision manufacturer that is experiencing rapid growth by serving a select group of highly attractive customers and end-markets. They are a perfect fit for us,” Gary Holcomb, Compass President and CEO.

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