<ul><li>Centerbridge Partners has agreed to acquire Precinmac, a manufacturer of high-complexity precision parts.</li><li>Precinmac's capabilities include precision milling and turning, multi-axis machining, molding and grinding, and close tolerance fabrication.</li><li>Centerbridge is acquiring Precinmac from Pine Island Capital Partners, Bain Capital's Private Credit Group, and Compass Partners Capital.</li><li>The transaction is expected to close in the fourth quarter of 2024.</li></ul>

Acquisitive Precinmac Purchased by Centerbridge

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