KKR to invest in Precipart.

KKR, a global investment firm, agreed to invest in Precipart, a contract manufacturer of precision components for the medical device and aerospace industries. Financial terms were not disclosed. "My family and I are thrilled to form this strategic partnership with KKR. With KKR’s differentiated industry insights, global network, and deep bench of resources, we will be able to expand our capability offerings substantially, serve our customers better and at greater scale, and make Precipart an even better home for our talented employees. We look forward to working with the KKR team to build on what we have accomplished over the past 73 years," Oliver Laubscher, Precipart CEO.