KKR& Co (KKR), a global investment firm, will be investing in Precipart, a contract manufacturer of precision components for the medical device and aerospace industries. KKR plans to support the Company in its continued growth organically and through M&A.

Precipart was launched in 1950 and manufactures highly engineered custom components, offering a comprehensive solution across design, engineering, manufacturing, and assembly for leading Original Equipment Manufacturers.

Further financial terms of the deal were not disclosed.