About The Company
Carolina Precision Technologies (“CPT”) is a precision manufacturer servicing a blue-chip customer base in the aerospace and defense, specialty industrial, and medical device markets. CPT was founded in 1998 and specializes in medical implants and instrumentation for orthopedics, as well as mid-volume production of parts for applications in aviation fire detection and suppression systems, aviation oxygen systems, and firefighter air packs. CPT is headquartered in Mooresville, NC with additional facilities in Warminster, PA and Putnam, CT.
Case Study
Linx partnered with Gary Bruner and his family in a recapitalization transaction designed to provide partial liquidity to Mr. Bruner after 16 years of self-funded growth, as well as to provide a well-capitalized partner to pursue growth opportunities via acquisition. Mr. Bruner continues to own a substantial portion of the Company.
As the first order of business, Linx assisted the Company in recruiting a Chief Financial Officer to implement audited GAAP financial reporting and detailed management reporting capabilities. The Company completed its first acquisition in April 2016 in its purchase of MK Precision, a precision manufacturer of medical devices located in PA.
Add-On Acquisitions
Geography | Continental U.S. |
EBITDA Range | ≥ $1 million |
Products/Services | Metals precision machining operations servicing aerospace and medical markets |