Precision Southeast, Inc.
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Precision Southeast, Inc. - overview
Established
1980
Location
Myrtle Beach, SC, US
Primary Industry
Consumer Products
About
Precision Southeast, Inc. effectively provides specialized solutions in engineering and technology services, focusing on enhancing operational efficiency for various industries. Founded in 1980 and headquartered in Myrtle Beach, US, Precision Southeast, Inc. specializes in engineering solutions.
The company has undergone a Recapitalisation funding round in March 2015, which raised a total of USD 10. 80 mn, with Gladstone Companies as the investor. The firm has completed two deals to date. Precision Southeast, Inc.
delivers innovative engineering solutions designed to meet specific industry challenges. Its offerings include advanced technology tools that enhance performance and efficiency for businesses. The company markets its products across North America and Europe, with a growing presence in the Asia-Pacific region, ensuring that its solutions evolve with client needs. Precision Southeast, Inc.
generates revenue through a structured transaction model that includes subscription-based services and direct sales to businesses. Clients typically engage through multi-year contracts for access to flagship products, supported by strategic pricing plans. The revenue stream is reinforced through partnerships with distributors and resellers, which extend market reach while maintaining direct relationships with end users. Looking ahead, Precision Southeast, Inc.
plans to expand its product offerings by launching new solutions by the end of 2023. The company is targeting expansion into the Asia-Pacific region and other emerging markets to increase its customer base. The recent funding from Gladstone Companies will be utilized to support these initiatives and enhance product development, ensuring the company remains responsive to market demands.
Current Investors
Gladstone Companies
Primary Industry
Consumer Products
Sub Industries
Recreational Hobbies & Sporting Goods
Website
www.precisionsoutheast.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Precision Southeast, Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | Precision Southeast, Inc. | - | ||||||||
| Add-on | Completed | Plastic Solutions, Inc. | - | ||||||||
| Recapitalisation | Completed | Precision Southeast, Inc. | - |
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