An affiliate of Staple Street Capital announced its acquisition of Precise Metal Products in partnership with Thompson Capital Partners. Precise Metal Products is a leading manufacturer of complex metal assemblies for many of the world's largest aerospace and defense companies.

Precise Metal Products' President and CEO, Steve Bangerter, said "We're excited to work with our new investment partners. They have a differentiated track record of helping companies like ours accelerate continuous improvement initiatives to support long-term growth."

The partners from Staple Street Capital added "We are impressed by the Company's senior leadership team and their commitment to quality, customer service and operational excellence. They have successfully positioned Precise as a best-in-class partner for their customers. We are eager to build on this reputation and provide the strategic, operational and financial resources to help them capitalize on new growth opportunities."

Mike Thompson from Thompson Capital Partners added "We are excited to partner with Staple Street in acquiring such a premier aerospace manufacturer. Precise has an excellent management team and has realized exceptional growth after winning and delivering new transformational contracts. We will focus on enhancing growth and organizational development opportunities as Precise continues to expand its capabilities and workforce."