Tampa, FL - January 2021 - KLH Capital (“KLH”) is pleased to announce the sale of its portfolio company, Premiere Precision Components (“Premiere”), to Marco Rubber & Plastics (“Marco”), a portfolio company of Align Capital Partners.
Headquartered in Holiday, Florida, Premiere is a value-added supplier of custom manufactured molded rubber, plastic, and metal components. Premiere’s products are used in a variety of end markets including wireless and wired communications applications, pool and spa, lawn and garden, and HVAC, among others.
“We greatly appreciate the partnership we shared with KLH over the last couple of years,” said Premiere Founder and CEO Gail Selby. “KLH worked with us every step of the way as we developed and expanded our team, operations, and product capabilities. We are thankful for KLH’s commitment to Premiere and we look forward to combining our efforts with the Marco team to continue meeting all our customers’ component needs.”
Chris Hart, Partner at KLH, commented, “We are grateful to the Premiere leadership team for their excellent stewardship of the business during our time working together. Gail and his team bring great passion and dedication to their work each day and it has been a true pleasure partnering with them. We wish Premiere continued success as they embark on an exciting new chapter in their company’s history with Marco.”