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

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.