Precision Aerospace, a leader in complex metal assemblies for aerospace and industrial applications, has completed a recapitalization transaction led by Willcrest Partners and Curran Companies, two operationally focused, long-term oriented family offices.
Since its inception over 40 years ago, Precision Aerospace has been producing high quality prototypes and production run metal assemblies with unique hydroforming, fabrication, welding and machining capabilities all under one roof. The company has been asked by its customers to expand capacity to accommodate rapidly growing aerospace and industrial production requirements and is excited to announce this transaction to enable expansion.
Marshall Hodge, President of Precision Aerospace, commented, “Since joining Precision in 2018, I have been refining processes, implementing software, and expanding the team to handle our growing backlog. I am excited to partner with Willcrest Partners and Curran Companies to continue growing the business and take Precision’s manufacturing excellence and engineering capabilities to the next level.”
