The announcement of CORE Industrial Partners’ (“CORE”) acquisition of MSK Precision Products (“MSK” or the “Company”) has been made. With a focus on Swiss machining, MSK has been a significant supplier of precision machining and assembly services through its CORE portfolio company, PrecisionX Group (“PrecisionX”).
In order to supply specialized precision metal manufacturing capabilities for critical-use applications in end industries with growth potential, the PrecisionX platform was established in 2023. GEM Manufacturing (February 2023), Coining (June 2023), National Manufacturing (May 2024), Ditron (August 2024), and MSK are among the acquisitions made for the platform.
Currently, PrecisionX employs over 500 people spread across seven locations and more than 275,000 square feet of manufacturing space.
Founded in 1979, MSK provides single components or fully assembled assemblies for precision Swiss-style CNC turning, multi-axis CNC grinding, CNC milling, laser welding, laser marking, passivation, and bending.
The Company frequently works with speciality materials such as titanium, aluminum, stainless steel, brass, and Hastelloy, Waspaloy, and Inconel. With the help of its design services, short-run prototyping capabilities, and specialized engineering staff, MSK works with clients to develop their ideas into finished products that can be produced in large quantities.
MSK principally serves customers in the medical, aerospace & defense, and telecommunications end markets. These sectors are characterized by strict technical specifications, regulatory compliance criteria, and high quality requirements.
Examples of product applications include deep-sea connecting devices, turbine engines, drones, and navigation systems for cranial and spine surgeries. With its 35,000 square foot headquarters located in Tamarac, Florida, just outside of Fort Lauderdale, MSK is FDA registered, certified under ISO 13485, AS 9100, and ISO 9001.
Key Comments:
Matthew Puglisi, Partner at CORE, said, “We believe the acquisition of MSK is highly strategic for several reasons, including enhanced capacity and expertise in specialty Swiss precision machining, deepened presence in the desirable medical and aerospace & defense end markets, and expanded geographic reach on the East Coast, from New York, New Jersey and Connecticut to now Florida.”
Rock Lambert, Operating Partner at CORE, said, “We believe MSK’s demonstrated strength in working with customers to develop and introduce new products is a key differentiator. These capabilities, along with the resources and support we plan to provide, should prove beneficial in supporting our desire to rapidly grow both MSK and the broader PrecisionX platform.”
Andrew Laniak, President at Brinkman International Group, said, “Starting in 2000, MSK embarked on a strategic shift away from manual manufacturing processes and commoditized end markets to invest in state-of-the-art equipment and the requisite employee talent to serve the most demanding sectors. We’re proud of the transformation over the last two decades and confident that, in partnership with CORE and PrecisionX, MSK is now ready to start a new chapter in its growth story.”