14 May Amherst Partners Advises on Sale of United Precision Products, Inc.
Amherst Partners, LLC (“Amherst”) is pleased to announce the sale of United Precision Products, Inc. (“UPP” or the “Company”) to Golconda Capital. Amherst acted as the exclusive financial advisor to UPP in connection with the transaction.
Founded and headquartered in Dearborn Heights, UPP is a precision manufacturer of aerospace fasteners and CNC-machined components serving major OEMs and Tier 1 suppliers across the commercial aerospace and aerospace & defense sectors. The Company produces close-tolerance components to exacting OEM and AS9100-certified quality standards and offers full-service CNC machining and multi-axis turning capabilities, supported by a long-standing reputation for quality, on-time delivery, and deep customer relationships.
About the Transaction
UPP’s shareholders engaged Amherst Partners to manage the various inquiries received from interested buyers who had the ability to provide the relevant experience and capital to support the Company’s next phase of growth. Amherst provided strategic advice to the shareholders in vetting suitors, evaluating the different offers, and managing the sale process to a successful close.
The shareholders ultimately selected Golconda Capital to acquire the Company. Golconda brings a focused investment strategy in lower middle market industrial businesses and a hands-on approach to operational improvement and long-term value creation.
About Amherst Partners
With a track record that spans over 30 years, Amherst is one of the Midwest’s most reputable boutique investment banking advisory firms. Among its core services, Amherst provides middle-market and closely-held companies with significant financial advisory expertise for business divestitures, acquisitions, capital raises, and other corporate finance transactions. Our professionals share a commitment to developing a trusted advisor relationship with our clients and referral partners, and we have amassed an extraordinary track record of success, with over 450 domestic and cross-border transactions exceeding $20 billion in total transaction value. Securities-related transactions are offered through Amherst’s wholly owned subsidiary, One Amherst Partners LLC, a registered broker-dealer and member of FINRA and SIPC. For more information, visit the Amherst Partners website: https://www.amherstpartners.com or follow us on LinkedIn.
Team
Chas Chandler
Partner, Investment Banking
Don Luciani
Partner, Investment Banking
Fahad Siddiqui
Director, Investment Banking