# Centerbridge Partners to acquire Precinmac

Precinmac, a manufacturer of high-complexity precision components, announced a definitive agreement to be acquired by funds advised by Centerbridge Partners from an investor group including Pine Island Capital Partners, Bain Capital's Private Credit Group and Compass Partners Capital.

- Type: Acquisition
- Announced: 2024-10-14
- Where: South Paris, Maine, United States
- Status: announced
- Products: high-complexity precision components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Bain Capital](https://endata.com/companies/1000.md) (investor)
- [Centerbridge Partners](https://endata.com/companies/3451.md) (acquirer)
- [Pine Island Capital Partners](https://endata.com/companies/46257.md) (investor)
- [Compass Partners Capital](https://endata.com/companies/46260.md) (investor)
- [Precinmac](https://endata.com/companies/57428.md) (target)

## Sources

- [baincapital.com](https://www.baincapital.com/news/precinmac-be-acquired-centerbridge-partners), 2024-10-14: "Precinmac LP, a leading manufacturer of high-complexity precision components, today announced a definitive agreement to be acquired by funds advised by affiliates of Centerbridge Partners, L.P."
- [prnewswire.com](https://www.prnewswire.com/news-releases/precinmac-to-be-acquired-by-centerbridge-partners-302274633.html), 2024-10-14: "Precinmac is an impressive platform with unique capabilities, strong customer relationships and an exceptional track record of growth."
- [precinmac.com](https://www.precinmac.com/news/precinmacacquired), 2024-10-14: "Precinmac LP today announced a definitive agreement to be acquired by funds advised by affiliates of Centerbridge Partners, L.P."
- [peprofessional.com](https://peprofessional.com/2024/10/16/), 2024-10-16: "Precinmac, a manufacturer of high-complexity precision parts, has agreed to be acquired by Centerbridge Partners."

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