Auxo Investment Partners has acquired Precision Products Group
| Target Company Name |
Precision Products Group |
|---|---|
| Target Country |
China, USA |
| Description | Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Precision Products Group, Inc. (PPG) to Auxo Investment Partners. |
| Global M&A Offices |
Brown Gibbons Lang & Company
(Global M&A USA)
|
| Global M&A Advisory | Advisor to the seller |
| Further information | Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Precision Products Group, Inc. (PPG), a portfolio company of Long Point Capital and Greyrock Capital Group, to Auxo Investment Partners (Auxo). BGL served as the exclusive financial advisor to PPG in the transaction; the specific terms of the transaction were not disclosed. BGL’s Real Estate Advisors Group simultaneously executed a sale-leaseback of PPG’s owned real estate, demonstrating BGL’s comprehensive approach to maximizing value for shareholders. PPG, with operations in the U.S and China, is the parent company of Paramount (Paramount) and Euclid Medical Products (Euclid). Paramount serves a broad spectrum of industrial, defense, consumer, and healthcare end markets. Paramount manufactures mission-critical, small diameter spiral-wound and extruded tubular products known for providing highly customized, tight tolerance solutions. Applications include components for electric motors, single-dosage medications, pharmaceutical packaging, eco-friendly consumer packaging, and military ordinances. Euclid designs, engineers and manufactures highly engineered automated single-dose and multi-dose pharmaceutical packing systems driven by proprietary software for use in hospitals, retail pharmacies, and long-term care facilities. Euclid also converts medical grade films into consumable unit-dose pharmaceutical packaging. |
