Windjammer Capital has acquired PrecisionX Group, a provider of high-precision metal components used in critical applications across regulated and high-growth industries.
PrecisionX serves leading OEMs and Tier 1 suppliers in sectors including aerospace and defense, medical devices, and satellite and space. The company operates approximately 400,000 square feet of manufacturing space across seven U.S. facilities and specializes in advanced production techniques such as deep and shallow drawn stamping, Swiss screw machining, CNC machining, and wire EDM technologies.
Headquartered in Waterbury, Connecticut, PrecisionX holds multiple industry certifications, including ISO 9001, ISO 13485, and AS9100D, along with ITAR and FDA registrations. Its capabilities span prototyping through high-volume production, positioning the company as a key supply chain partner for mission-critical components.
The acquisition marks the fourth investment from Windjammer’s $1.3 billion Fund VI and aligns with the firm’s strategy of investing in niche manufacturing businesses that operate in highly regulated markets where reliability and quality are essential.
Financial terms of the transaction were not disclosed. Stifel served as financial advisor to Windjammer, while Kirkland & Ellis provided legal counsel. Baird and Houlihan Lokey advised PrecisionX, with Kirkland & Ellis also acting as its legal advisor.
KEY QUOTES:
“PrecisionX represents an attractive growth platform, centered on a differentiated value proposition, with multiple organic and inorganic avenues for expansion. We are excited to partner with a high-quality management team and continue their disciplined approach to driving value creation, focusing on high growth end markets and delivering increasingly complex, mission-critical solutions to customers. Our experience investing in niche manufacturers and regulated markets – where quality, high reliability and cost of failure are paramount considerations – provides an opportunity to draw on relevant resources to both inform the growth strategy and support the team in executing the plan.”
Craig Majernik, Managing Director at Windjammer Capital
“Windjammer has a proven track record of working together with management to build strategic value in the companies they acquire. We look forward to our new partnership and are confident in our ability to further strengthen our position as a scaled provider of critical-use highly engineered precision components. Our customers rely on PrecisionX as an essential supply chain partner. Having a private equity sponsor with the experience and resources to invest in commercial, operational and M&A initiatives will enhance our ability to serve customers more efficiently and in more value-added ways, and will be key to our value creation strategy going forward.”
Chris Huntington, CEO of PrecisionX Group
“PrecisionX is the fourth investment in Windjammer’s $1.3 billion Fund VI, and as a leading provider of mission-critical, low cost-to-value, high cost-of-failure engineered components, aligns directly with our investment strategy.”
Jeff Miehe, Managing Principal at Windjammer Capital
