# Pine Island Capital and Bain Capital Credit acquire Precinmac Precision Machining

Pine Island Capital Partners and Bain Capital Credit acquired Precinmac Precision Machining, a manufacturer of high-precision machined components for aerospace, defense, semiconductor, and industrial sectors. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2020-04-01
- Where: New York, Boston, Stamford, United States
- Status: completed
- Products: high-precision machined components, assemblies
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Pine Island Capital Partners](https://endata.com/companies/46257.md) (acquirer)
- [Bain Capital Credit](https://endata.com/companies/46258.md) (acquirer)
- [Precinmac Precision Machining](https://endata.com/companies/46259.md) (target)
- [Compass Partners Capital](https://endata.com/companies/46260.md) (investor)

## Sources

- [baincapital.com](https://www.baincapital.com/news/investor-group-completes-acquisition-precinmac-precision-machining), 2020-04-01: "Precinmac has a long history of delivering value to customers through design assistance, precision manufacturing, and assembly, and we see an opportunity to further grow the business among aerospace, defense, semiconductor, and industrial companies."
- [businesswire.com](https://www.businesswire.com/news/home/20200402005826/en/Investor-Group-Completes-Acquisition-of-Precinmac-Precision-Machining), 2020-04-02: "Pine Island Capital Partners, LLC, and Bain Capital Credit, LP today announced the acquisition of Precinmac Precision Machining"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.