Guardian Capital Partners has bought Precision Roll Solutions from May River Capital.
PRS is a provider of precision roll services used in various manufacturing environments.
Matt Pursel, CEO of PRS, stated, “It has been a pleasure working with May River Capital over the years to build an industry-leading platform in the sector. Looking ahead, we are very excited to be partnering with Guardian going forward. Guardian’s investment approach and team culture are a clear fit with PRS. We are looking forward to leveraging their extensive knowledge and experience to help execute our strategic growth initiatives and create value for our customers.”
Cowen and Company LLC served as financial advisor, and Paul Hastings LLP served as legal advisor to May River Capital and PRS.