Oncap has acquired Precision Global, a global manufacturer of dispensing solutions. Terms of the transaction were not disclosed. Founded in 1949, Precision’s dispensing solutions include more than 12,000 SKUs, which are sold into end markets such as personal care. Its products include aerosol valves, actuators, pumps, caps and related aerosol accessories, custom closures and other specialty dispensing solutions. The company is one of the largest suppliers of valves in the world selling more than four billion annually and also produces and sells two billion actuators annually. Headquartered in Greenville, South Carolina, Precision employs more than 1,500 people across 18 facilities in 15 countries and six continents.
About Precision Global
Founded in 1949 by the inventor of the aerosol valve, Precision Global is a global producers of aerosol valves, custom actuators and other dispensing solutions for a variety of end markets, including personal care. Based in Greenville, South Carolina, the company operates a multinational network of facilities spanning fifteen countries on six continents.
About Oncap
Oncap is the mid-market private equity platform of Onex. In partnership with operating company management teams, the company invests in and builds value in North American headquartered medium-sized businesses. Onex is one of the oldest and most successful private equity firms.
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