Juniper Capital Management has sold Precision Aerospace, a US-based manufacturer of precision machined components, to Precinmac, a portfolio company of Centerbridge Partners. The transaction marks the exit of Juniper's investment in the aerospace and defense supplier, which was formed in June 2022 through a partnership with CIC Partners. Precision Aerospace operates five manufacturing facilities across Texas and Kansas.

Precision Aerospace serves multiple industries including aerospace, defense, space, semiconductor, power generation, and energy sectors. The company's manufacturing footprint includes locations in Dallas, Irving, Lewisville, and Decatur, Texas, plus Derby, Kansas. This geographic distribution supports its diverse customer base across critical industrial sectors. The sale to Centerbridge-backed Precinmac represents a strategic acquisition in the precision manufacturing space.

The transaction underscores continued investor interest in aerospace and defense manufacturing capabilities. With Centerbridge Partners expanding its portfolio through Precinmac, the deal positions the combined entity to leverage Precision Aerospace's specialized manufacturing expertise across multiple high-growth sectors.