About Paradigm Precision
Paradigm Precision is a company based in Manchester (United Kingdom) founded in 2007, and was acquired by Clayton Dubilier & Rice in November 2022. Provider of complex machining, fabrications and assemblies for gas turbine engines. Paradigm Precision has completed 1 acquisition, including Smith West. Its chief executive, as recorded, is Steve Croke. Paradigm Precision offers products and services including Aircraft Engine Components and MRO and Special Processes. Its legal entity is Pursuit Aerospace.
Company details
Paradigm Precision was established in 2007 in Manchester, United Kingdom. Operations are centered on the aerospace sector, where complex machining, fabrications, and assemblies for gas turbine engines are delivered. Services support engine component production for various applications. The company is headed by CEO and President Steve Croke, with activities based in the UK to serve industry requirements.
- Headquarters Manchester, United Kingdom
- Stage Acquired
- Website paradigmprecision.com
- Social LinkedIn X Facebook YouTube
- Acquired by Clayton Dubilier & Rice (Nov 2022)
- Legal Name Pursuit Aerospace
- Latest Funding Round$330M (USD), Debt – Conventional
Dec 2013
- InvestorsThe Carlyle Group
& 3 more
- Investments & Acquisitions
- Acquired by
Products & Services of Paradigm Precision
Paradigm Precision offers a comprehensive portfolio of products and services, including Aircraft Engine Components and MRO and Special Processes.
Complex aircraft engine components are produced through integrated processes to ensure performance as intended.
Maintenance, repair, overhaul, and special processes are offered to support aircraft components in various applications.
Apps and channels of Paradigm Precision
its YouTube channel Pursuit Aerospace has 113 subscribers.
Funding Insights of Paradigm Precision
- Total Rounds 2
- Last Round Debt – Conventional — $330M
- Investors Count 1
All 2 funding rounds of Paradigm Precision with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2013 | $330M | Debt – Conventional | – | – | – |
| Jan 2013 | Seed | – | The Carlyle Group | – |
4 investors in total: 4 institutional.
Investors in Paradigm Precision
Paradigm Precision has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include The Carlyle Group, CD&R and Dynamic Precision Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward multiple sectors. | 1986 | carlyle.com | ||
Greenbriar Equity Group is focused on investing in growth-oriented companies. | 1999 | greenbriarequity.com | Greenwich, United States | |
A private equity firm focused on building long-term business value. | cdr-inc.com | New York, United States | ||
| gotodpg.com |
Investor details for Paradigm Precision
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Paradigm Precision
8 people are tracked at Paradigm Precision (5 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Steve Croke | CEO & President | Leadership |
Doug Folsom | CEO | Leadership |
Joe Maisto | CFO | Leadership |
Sarah Bergeron | VP, Human Resources | Leadership |
Mauricio Cubillos | Director, Materials Management | Leadership |
Jacqueline Ruggiero | EVP, Northeast & Manufacturing Shared Services | Team |
Sophia Bowman | Quality Administrator | Team |
Aiden Coyle | Apprentice | Team |
Complete people profiles for Paradigm Precision
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Paradigm Precision
Paradigm Precision has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Smith West.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Precision components are manufactured for aerospace and semiconductor industries. | smithwest.com | Tempe, United States | 1997 | Sep 2007 | •••• |
Complete acquisition details for Paradigm Precision
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Paradigm Precision
6 dated milestones of Paradigm Precision across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Paradigm Precision is founded.
- Acquisition Acquires Smith West.
- Funding First funding round.
- Exit Acquired by Dynamic Precision Group.
- Funding Latest funding round, Debt – Conventional, of $330.0M.
- Exit Acquired by Clayton Dubilier & Rice.
Web traffic of Paradigm Precision
The website of Paradigm Precision (paradigmprecision.com) receives about 1K visits a month.
- Monthly visits1K
▼ 17.4% vs previous month
Websites whose visitors overlap most with Paradigm Precision. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| capoindustriesinc.com | 100% | View details |
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Frequently Asked Questions about Paradigm Precision
Paradigm Precision was founded in 2007 and raised its 1st funding round 6 years after it was founded.
Paradigm Precision is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
Steve Croke is the CEO of Paradigm Precision, as recorded in our data.
Paradigm Precision was established in 2007 in Manchester, United Kingdom. Operations are centered on the aerospace sector, where complex machining, fabrications, and assemblies for gas turbine engines are delivered. Services support engine component production for various applications. The company is headed by CEO and President Steve Croke, with activities based in the UK to serve industry requirements.
Paradigm Precision offers Aircraft Engine Components and MRO and Special Processes.
Paradigm Precision has made 1 acquisition, including Smith West.
Paradigm Precision has 4 investors. Key investors include The Carlyle Group, CD&R, Dynamic Precision Group, and Greenbriar Equity Group.
Paradigm Precision operates through Pursuit Aerospace.
Yes. Paradigm Precision was acquired by Clayton Dubilier & Rice in November 2022.