Blauvelt Capital Partners agrees investment with PCML

Precise Component Manufacture Limited (PCML), a leading precision engineer and manufacturer, has agreed a growth capital investment with Private Equity group Blauvelt Capital Partners, in a transaction advised by BCMS.

PCML specialises in the contract design, precision engineering and manufacture of complex precision components and assemblies, including concept development, prototyping, and supply chain management. Located in March, Cambridgeshire, PCML works as a trusted partner with international organisations in the life sciences, scientific testing, digital printing, and semiconductor industries.

Blauvelt Capital Partners is a North American Private Equity group with portfolio investments in a number of engineering companies.

“BCMS worked extremely hard on our behalf and provided us with lots of opportunities” – Gavin Goates, PCML

At the time of the transaction in 2014, Gavin Goates, Commercial Director of PCML, commented: “We are extremely delighted to be announcing this partnership with Blauvelt, which I believe is a strong endorsement of our successful business model and track record to date.

“Having gained a greater understanding of BCMS’ approach and international reach, we invited BCMS to work with us to find the right strategic partner as we felt their proactive and inclusive process gave us the greatest opportunity for success. BCMS worked extremely hard on our behalf and provided us with lots of opportunities and together we identified Blauvelt as the perfect partner to complement our high-quality management team to continue to focus on driving operational performance to maximise value for our customers.”

Roddy Cruz, Partner at Blauvelt Capital Partners, comments: “We are thrilled to be backing Gavin and his entire team at PCML. They run a world-class industrial enterprise just outside of Cambridge and we eagerly look forward to providing them with whatever capital and strategic resources they may need to realise their full potential on a larger stage.”

BCMS Director Andy Denny, who managed the transaction, commented: “PCML is a great example of a UK specialist operation with healthy margins and an excellent customer base comprised of international blue chip organisations. It was no surprise that BCMS received such strong interest in PCML from a range of organisations in international markets.”