The Partner Companies have secured a strategic equity investment of more than $100 million from Tensile Capital Management, completing a capital raise that now totals more than $300 million. The funding includes the company’s recently closed syndicated credit facility of more than $200 million, led by Huntington Bank, marking a significant expansion phase for the U.S. advanced manufacturing group.
The combined financing will support growth across the company’s eleven specialized brands that serve aerospace, defense, medical technology, energy, and other essential sectors. The minority investment from Tensile will help advance manufacturing capabilities, support the pursuit of additional acquisitions, and strengthen the company’s technology and equipment ecosystem.
The company emphasized that the fresh capital positions it to meet rising demand from industries that depend on precision manufacturing and robust supply chain partnerships. Tensile Capital Management’s evergreen fund structure provides a long-term capital partner aligned with the company’s plan to build sustainable value through technology investments, capacity expansion, and strategic acquisitions.
TPC has pursued an aggressive growth strategy since 2020, having completed five acquisitions that broadened its manufacturing footprint: Precision Eforming in July 2025, UPG in April 2023, Pinnacle Precision in May 2022, Photofabrication Engineering Inc. in April 2021, and L&T Precision in December 2020. The new investment strengthens the company’s ability to grow both organically and through additional acquisitions.
Advisors/counsel: Capstone Partners served as exclusive advisor to The Partner Companies on the transaction, with Duane Morris acting as legal advisor. Kirkland and Ellis served as legal counsel to Tensile.
KEY QUOTES
“Partnering with Tensile enhances our strategy and the progress we’ve made building one integrated manufacturing leader across specialized brands. Our customers are solving some of the most pressing challenges facing society: defending national security, advancing medical breakthroughs, meeting rapidly increasing energy demands and pushing the boundaries of next-generation technology. With over $300 million in new capital and partners supporting our vision, we are positioned to expand our capacity and serve these critical industries with the precision, reliability and innovation they demand.”
Christian Streu, Chief Financial Officer, The Partner Companies
“TPC has taken a focused and disciplined approach to building a differentiated advanced manufacturing platform serving highly attractive and in-demand industries. The company has an impressive track record of serving its customers and identifying, acquiring and integrating complementary specialized manufacturing businesses. We are excited to partner with TPC’s world-class leadership team by providing flexible, long-duration capital as they execute their growth strategy.”
Ted Crockin, Managing Director, Tensile Capital Management
