Dallas-based Precision Aerospace Holdings (PAH)—a company specializing in the manufacturing of precision machined aerospace, defense, and space components—has been acquired by Maine-based Precinmac LP, a leading manufacturer of high-complexity precision components.
Precinmac said the acquisition reinforces its focus on expanding its capabilities, increasing capacity, and enhancing its differentiated value proposition to serve customers in the mission-critical markets of aerospace, defense, and space.
Terms of the deal were not disclosed.
Launched in 2022, PAH brought together Applegate EDM, Clearwater Engineering, Decatur Machine Services, Icon Machine Co., and Owens Machine and Tool Company under a single platform. The PAH family of companies’ core capabilities include electronic discharge machining and precision machining with close proximity to its major customers, Precinmac said.
PAH CEO Peter Stegmaier said Precinmac’s recognition of his company as an industry leader in EDM and precision machining “underscores the strength of our team and our capabilities.”
“Precinmac has consistently demonstrated a commitment to investing not only in advanced equipment to support customer growth,” he added in a statement, “but also in the development of our people, who are critical to our continued success.”
Precinmac CEO Eric Wisnefsky said PAH “adds meaningful technical capability and customer alignment to the Precinmac family of companies,” adding that it “complements our existing portfolio as it also serves high requirements customers, produces medium to high complexity parts, and participates in critical long running programs within the aerospace, defense, and space industries.”
Vinson & Elkins served as legal counsel to Precinmac. Baker Botts served as legal counsel to Precision Aerospace Holdings, LLC. Lincoln International LLC served as financial advisor for the transaction.
Precinmac noted that it is a portfolio company of Centerbridge Partners, which invested in December 2024 to help accelerate the company’s next stage of growth.
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