Alantra advises Precinmac on its acquisition of Advance Mfg. Co.

Jul 2026

Buy-side advisory

New York – Alantra acted as buy-side financial advisor to Precinmac LP (“Precinmac”), a leading manufacturer of high-complexity precision components, on its acquisition of Advance Mfg. Co., Inc. (“Advance”), a Massachusetts-based manufacturer of precision machined components, welded fabrications, and assemblies for the defense and commercial aerospace sectors.  

Founded in 1961, Advance has built a strong reputation for producing complex, tight-tolerance components and assemblies for demanding applications across the aerospace and defense markets. The acquisition expands Precinmac’s technical capabilities and manufacturing capacity, further supporting its focus on mission-critical commercial aerospace, defense, and space markets. 

As part of the transaction, Precinmac also adds specialized coating and finishing capabilities through Advance’s New England Custom Coaters, Inc. (“NECCI”) business. NECCI provides specialty surface treatment services for aerospace and defense customers, strengthening Precinmac’s ability to deliver more integrated manufacturing solutions across the value chain. 

Wade Aust, Managing Partner and Chairman at Alantra US, said: “We are pleased to have advised Precinmac on the acquisition of Advance. The transaction adds highly complementary capabilities across precision machining, complex fabrication, assembly, coating, and finishing, while supporting Precinmac’s ability to serve customers in demanding aerospace and defense applications. We are grateful to have supported Precinmac throughout this strategic buy-side process.” 

“Precinmac continues to be the ideal suitor of family businesses in the aerospace and defense sector and Advance MFG is another great example of a transaction that we are pleased to have been able to introduce and support,” said David Waldstein, Managing Director at Alantra. “The Precinmac team invests in growing businesses and people which has a been consistent recipe for success.” 

This transaction reinforces Alantra’s continued momentum in Aerospace & Defense and Industrials M&A, following recent mandates including advising Rampmaster on its sale to ATL Partners, Airforce Turbine Service on its sale to McNally Capital, and advising Aeroservicios on the sale of a majority stake to CSI Leasing, a subsidiary of Tokyo Century Corporation.