About Precision Inc
Precision Inc is a Technology company based in Minneapolis (United States) founded in 1919, and was acquired by TT Electronics in June 2018. Magnetic components and assemblies are designed and manufactured for electronics. Precision Inc offers products and services including Power Conversion and Sensors. Its focus areas include Semiconductors and Electronic Components. Its legal entity is Precision Inc.
Company details
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.
- Headquarters Minneapolis, United States
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website precision-inc.com
- Social LinkedIn Facebook
- Acquired by TT Electronics (Jun 2018)
- Legal Name Precision Inc.
- InvestorsTT Electronics
& 2 more
- Acquired by
Products & Services of Precision Inc
Precision Inc offers a comprehensive portfolio of products and services, including Power Conversion and Sensors.
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 Rounds 2
- Investors Count 1
All 2 funding rounds of Precision Inc 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 |
|---|---|---|---|---|---|
| Mar 2014 | Unspecified | – | – | ||
| Mar 2014 | Debt – Conventional | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity is directed toward lower middle market companies. | cvfcapitalpartners.com | Davis, United States | ||
Socius Capital is engaged in private equity sponsorship and financing. | sociuscapital.com | Ketchum, United States | ||
Manufacturer of automotive parts | 1812 | ttelectronics.com | Woking, United Kingdom |
Investor details for Precision Inc
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.
Timeline of Precision Inc
4 dated milestones of Precision Inc across 99 years, from founding to its latest funding, stage changes and deals.
- Founded Precision Inc is founded.
- Funding First funding round.
- Exit Acquired by Socius Capital.
- Exit Acquired by TT Electronics.
Web traffic of Precision Inc
Websites that share an audience with Precision Inc (precision-inc.com).
Websites whose visitors overlap most with Precision Inc. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
mag-inc.com | mag-inc.com | 100% | #742,204 | – | |
| powertronix.com | 100% | 1.1K | #13,487,624 | View details | |
| warnerpower.com | 97% | View details | |||
ecraftsmen.com | ecraftsmen.com | 97% | #5,216,958 | – | |
| vacuumschmelze.com | 97% | 16.2K | #1,654,994 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 21 similar websites and full traffic analytics for Precision Inc
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 21 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Electronic Manufacturing & Components
3 companies that operate in the same segment as Precision Inc (Electronic Manufacturing & Components) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
3M is recognized as a global leader in industrial innovation. | 1902 | United States | USD 24.95 B | 74 | ||
Communication equipment manufacturer | 1938 | Lisle, Illinois, United States | ||||
Electronic components and embedded technologies are distributed globally. | 1921 | Phoenix, Arizona, United States | USD 27.63 B | 14,870 |
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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.
Precision Inc operates through Precision Inc..
Yes. Precision Inc was acquired by TT Electronics in June 2018.