Peak Rock Capital (Peak Rock), an Austin, Texas based private equity firm, announced today that it has acquired Precision Valve Holdings, a leading global manufacturer of aerosol valves, custom actuators and other dispensing solutions.
Founded in 1949 by the inventor of the aerosol valve, Precision Valve is one of the world’s largest producers of valves, actuators and related dispensing solutions. It operates a global network of facilities spanning 16 countries on six continents, serving a diverse customer base comprised of many of the largest multinational consumer packaged goods companies. In supplying a variety of end markets, including personal care, household, food & beverage, industrial and pharmaceutical, Precision Valve has garnered a strong reputation for providing unmatched product variety, exceptional quality and tireless customer service.
Anthony DiSimone, Chief Executive Officer of Peak Rock Capital, said, “Our investment in Precision Valve is a great example of Peak Rock’s continued interest in investing in leading middle market manufacturing businesses, particularly packaging related companies that serve high-growth consumer, personal care and pharmaceutical end markets. This acquisition also highlights our experience and distinct capabilities in quickly closing complex cross border transactions, leveraging the expertise of our multinational team.”
Doug Hind, Chief Executive Officer of Precision Valve, commented, “Precision Valve has been at the forefront of the aerosol valve industry since the Company’s inception. We are eager to work with Peak Rock to execute transformational initiatives and investments, especially in innovation and new product development, as we pursue continued growth in partnership with our customers, suppliers and employees.”