PMI Group
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
PMI Group - overview
Location
Montgomeryville, PA, US
Primary Industry
Industrial Machinery
About
PMI Group is a US-based manufacturer specializing in engineering solutions and manufacturing services for industries such as aerospace, defense, and medical devices. Their expertise includes precision machining and advanced engineering services. PMI Group is engaged in manufacturing solutions across various sectors. Established in Montgomeryville, US, the company successfully completed its most recent deal on June 1, 2023, indicating active engagement in investment activities.
The PMI Group specializes in providing comprehensive manufacturing solutions and engineering services tailored for a diverse range of industries, including aerospace and defense, medical devices, and industrial and commercial products. Their core offerings include precision machining, electro/mechanical assembly, and advanced engineering services designed to address complex manufacturing challenges. The company maintains strategic partnerships with leading suppliers to enhance its service portfolio and deliver single-source manufacturing solutions, particularly for surgical instrumentation and orthopedic applications. PMI's capabilities extend to precision gear shaping, hobbing, and grinding, employing advanced CNC machinery to achieve intricate geometries and surface finishes.
The company's products and services cater to clients across North America, Asia, and other global markets, with a client base that includes major aerospace OEMs and medical device manufacturers. PMI Group's revenue is derived from a structured business model that emphasizes B2B relationships, where the company engages directly with clients in various sectors to fulfill their manufacturing and engineering needs. Transactions typically involve multi-year contracts for ongoing services, with an emphasis on customized solutions to meet specific client requirements. Their flagship services, including precision machining and engineering solutions, operate under a pricing structure that reflects the complexity and scale of each project.
By offering distinct service packages such as comprehensive engineering support and precision machining, PMI maximizes its market reach while ensuring client satisfaction through tailored offerings. The revenue generated through these transactions is indicative of the company's strong presence in critical sectors, bolstered by its commitment to quality and innovation. In June 2023, Tinicum Incorporated acquired PMI Group, with financial terms not disclosed. Looking ahead to 2024, PMI Group will combine operations with American Drilling Company and Briles Aerospace, LLC under the PennAero brand.
This strategic move is expected to enhance their market position and service offerings.
Current Investors
PennAero
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.pennmfg.com/
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
PMI Group - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | PMI Group | - |
Displaying 1 - 1 of 1

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.