Precision Inc

Minneapolis, United States Founded: 1919 • Age: 107 yrs Acquired By TT Electronics
Magnetic components and assemblies are designed and manufactured for electronics.
Annual revenue - Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Precision Inc

Precision Inc is a company based in Minneapolis (United States) founded in 1919 was acquired by TT Electronics in June 2018. Precision Inc offers products and services including Power Conversion and Sensors.

  • Headquarter Minneapolis, United States
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Precision Inc.
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    TT Electronics

    & 1 more

    (Jun 04, 2018)

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Products & Services of Precision Inc

Precision Inc offers a comprehensive portfolio of products and services, including Power Conversion and Sensors.

Primary

Power conversion solutions are provided for performance-critical applications in various sectors.

Sensors are manufactured for flow, pressure, and temperature measurement in industrial and medical environments.

Funding Insights of Precision Inc

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2014 Amount Unspecified - Precision Inc Valuation

investors

Mar, 2014 Amount Debt – Conventional - Precision Inc Valuation

investors

Investors in Precision Inc

Precision Inc has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include TT Electronics, CVF Capital Partners and Socius Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity is directed toward lower middle market companies.
Founded Year Domain Location
Socius Capital is engaged in private equity sponsorship and financing.
Founded Year Domain Location
Manufacturer of automotive parts
Founded Year Domain Location

Investments & Acquisitions by Precision Inc

Investments

Financial Statements - Precision Inc

Precision Inc Comparisons

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Competitors of Precision Inc

Latest news on Precision Inc

Frequently Asked Questions about Precision Inc

Precision Inc was founded in 1919 and raised its 1st funding round 95 years after it was founded.

Precision Inc is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.

Precision was founded in 1919 and is headquartered in Minneapolis, United States. Operations focus on the electronics industry, where magnetic components and assemblies are designed and manufactured. These products support various applications in electronic systems. The company maintains a presence in the manufacturing sector, serving industrial clients through specialized production processes. Geographic activities are centered in the United States.

Precision Inc offers Power Conversion and Sensors.

Precision Inc has 3 investors. Key investors include TT Electronics, CVF Capital Partners, and Socius Capital.

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