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Cleveland-based Precise Metal Products, a manufacturer of complex metal assemblies for many of the world’s largest aerospace and defense companies, has been acquired by Staple Street Capital in partnership with Thompson Capital Partners.

Precise Metal Products’ President and CEO, Steve Bangerter, said, “We’re excited to work with our new investment partners. They have a differentiated track record of helping companies like ours accelerate continuous improvement initiatives to support long-term growth.”