Total Capital Partners, a private equity firm, completed the acquisition of Precise Component Manufacture, a manufacturer of precision-engineering components and assemblies, from Blauvelt for $22m. “PCML is an innovative, Industry 4.0 manufacturing business operating in Cambridge, the home of Europe’s largest technology cluster. This forward-looking, agile engineering business is serving some of the most exciting developments in the UK biomedical space as well as innovations in other sectors. We are really impressed with the team and their strategic goals and we look forward to supporting them and driving the growth of the business," Paul Brown, Total Capital Partner.