Phillips Precision, Inc.

Perma Partners funded ETA investor/operator Kay Capital Partners in a key 2024 acquisition.

Overview: PERMA Partners holds an equity stake in a deal in which Kay Capital Partners acquired 25-year-old Phillips Precision, Inc., in Q4 2024. 

The Approach: PERMA Partners participated in KCP's acquisition of Phillips Precision Inc., and owns an equity stake. PERMA supported KCP deal fundamentals and the operating strategy and will provide value-add counsel upon request. PPI is a Massachusetts-based machine shop with a 25-year track record of success. 

The Results: This marks PERMA’s 6th equity or operating investment.