Precision Products Group, Inc.

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Precision Products Group, Inc. - overview

Established

1980

Location

Indianapolis, IN, US

Primary Industry

Packaging

About

Precision Products Group, Inc. specializes in manufacturing precision-engineered components primarily for the medical, aerospace, defense, and electrical sectors, enhancing performance and safety through tailored solutions. Founded in 1980 and headquartered in Indianapolis, US, Precision Products Group, Inc. focuses on producing custom-designed and off-the-shelf components.


The company was acquired by Auxo Investment Partners in September 2020 from Long Point Capital, with undisclosed financial terms. The current CEO is Chad Heathco. PPG specializes in manufacturing products tailored for the medical, aerospace, defense, and electrical industries. The company’s core offerings include custom-designed components and off-the-shelf products that meet specific client requirements.


These products are developed to enhance performance and efficiency in their respective applications, ensuring reliability and safety for end users. PPG serves a diverse client base, which includes medical facilities, aerospace manufacturers, defense contractors, and electrical equipment suppliers, distributing its products primarily across North America and Asia. The integration of innovative technologies and adherence to quality standards are fundamental to the solutions provided, aimed at addressing complex challenges faced by their customers in critical sectors. PPG operates on a B2B model, engaging directly with manufacturers and enterprises across its target industries.


Revenue generation is primarily through direct sales of its precision-engineered products, with established partnerships that facilitate ongoing transactions. The company offers tiered pricing plans based on product specifications and order volumes, catering to both bulk orders and customized solutions. Flagship products include specialized components designed for high-stakes environments, commanding a premium due to their critical applications. Transactions are characterized by negotiated contracts that ensure long-term client relationships and sustained revenue flow, reflecting a commitment to customer satisfaction and product excellence.


In the near term, Precision Products Group, Inc. aims to expand its product offerings with new designs targeting specific needs in the medical and aerospace industries. The company is exploring expansion into Asian markets, particularly in regions where demand for high-quality precision components is increasing, with plans to establish a presence by 2023. The acquisition by Auxo Investment Partners in September 2020 is expected to support these initiatives through enhanced investment in product development and market outreach.


Current Investors

Auxo Investment Partners, Long Point Capital, Greyrock Capital Group

Primary Industry

Packaging

Sub Industries

Packaging

Website

www.ppgintl.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Precision Products Group, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedCindus Corporation-
Add-onCompletedSaylor Technical Products, LLC-
Add-onCompletedBreyden Products, Inc.-
Secondary BuyoutCompletedPrecision Products Group, Inc.-
BuyoutCompletedParamount Tube-

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