Global Precision Products, LLC
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Global Precision Products, LLC - overview
Established
1997
Location
-, NY, US
Primary Industry
Industrial Machinery
About
Global Precision Products, LLC delivers high-quality precision machining solutions for industries such as aerospace, defense, medical, and commercial. The company emphasizes stringent quality standards and advanced machining techniques to meet complex engineering demands. Founded in 1997, Global Precision Products, LLC specializes in precision machining solutions. The company has remained committed to its core focus on delivering tight tolerance machined components.
Headquartered in the US, Mark LaBell founded the company with a vision to serve high-tech markets in North America and Europe. Mark Higgins currently serves as the CEO. Most recently, the company engaged in a funding round on December 16, 2021, when Aldine Capital, along with Touchpoint Capital Partners, invested in it. Global Precision Products, LLC specializes in precision machining solutions, offering a comprehensive range of services designed for aerospace, defense, medical, and commercial sectors.
The company is AS9100D certified and ISO-certified, focusing on high-quality, tight tolerance components with specifications as precise as +/-0. 0002 inches. Its core offerings include advanced machining techniques such as Swiss CNC machining, CNC milling, turning, and automated inspection services, serving diverse clients with a focus on meticulous engineering standards and rigorous quality requirements. Global Precision Products, LLC operates primarily as a contract manufacturer, generating revenue through custom machining services and related offerings.
The company focuses on long-term partnerships with clients across various sectors, often involving build-to-stock inventories and logistics management. Their business model relies on providing turnkey manufacturing solutions, streamlining clients' supply chains, although specific pricing details are not publicly disclosed. The company plans to utilize recent funding from the December 2021 investment round to enhance its product offerings and expand into new geographic markets. Specific details about upcoming products are not disclosed, but the firm is actively targeting expansion into high-tech markets in Europe by the end of 2023.
The financial backing will support these initiatives and fortify Global Precision Products, LLC's position in the precision machining industry.
Current Investors
Aldine Capital, Touchpoint Capital Partners
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.globalppi.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Global Precision Products, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Global Precision Products, LLC | - | ||||||||
| Add-on | Completed | Will-Mor Manufacturing, Inc. | - | ||||||||
| Recapitalisation | Completed | Global Precision Products, LLC | - |
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