# CIC Partners and Juniper Capital acquire Applegate EDM and Icon Machine to form Precision Aerospace Holdings

CIC Partners and Juniper Capital acquired Dallas-based Applegate EDM, LLC and Irving-based Icon Machine Co. and united them under a new platform called Precision Aerospace Holdings.

- Type: Acquisition
- Announced: 2022-08-19
- Where: Dallas, Texas; Irving, Texas, United States
- Status: completed
- Products: aerospace components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Precision Aerospace Corporation](https://endata.com/companies/2914.md) (target)
- [CIC Partners](https://endata.com/companies/64808.md) (acquirer)
- [Juniper Capital](https://endata.com/companies/64809.md) (acquirer)
- [Applegate EDM, LLC](https://endata.com/companies/64810.md) (target)
- [Icon Machine Co.](https://endata.com/companies/64811.md) (target)

## Sources

- [bizjournals.com](https://www.bizjournals.com/dallas/news/2022/08/19/cic-partners-juniper-capital-precision-aerospace.html), 2022-08-19: "Dallas-based Applegate EDM, LLC and Irving-based Icon Machine Co. were acquired and united under the platform."

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