Generational Capital Markets Advises Clearwater Engineering, Inc. in Its Sale to Precision Aerospace Holdings, LLC, a Portfolio Company of Juniper Capital Management and CIC Partners

DALLAS--(BUSINESS WIRE)--Generational Capital Markets (GCM), a member of FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of Clearwater Engineering, Inc. to Precision Aerospace Holdings, LLC. The acquisition closed March 7, 2025.

Located in Derby, Kansas, Clearwater Engineering, Inc. provides precision machining, CNC milling, and supply chain management services for the commercial and government aerospace sectors. Founded in 1987, the company has established itself as a leader in CNC milling and high-volume turn-lathe machining. Clearwater employs approximately 40 people, and its current leadership team will remain in place.

Based in Dallas, Texas, Precision Aerospace Holdings, LLC is a privately held aerospace and defense manufacturing company specializing in hard metal and tight-tolerance machining for the defense and space sectors.

“This new combination provides tremendous opportunities for our employees and our community,” said David Cool, president and owner of Clearwater Engineering. “By joining Precision, we can provide greater competencies with our experience, knowledge, and manufacturing operating capabilities to exceed our customers' requirements for quality, delivery, and costs well into the future.”

“Under David’s leadership, Clearwater Engineering has grown to become a force in aerospace manufacturing,” said Pete Stegmaier, CEO of Precision Aerospace. “Clearwater’s expert-level work in additional complex machining will help us reach additional market segments, such as commercial aerospace, business jet, and defense customers across the Midwest, and open us up to national expansion.”

“By combining Clearwater’s compelling leadership team with Precision’s best practices and resources, our platform can better serve the entire aerospace and defense community,” said Bayard Friedman, Precision board chairman and managing director with CIC Partners.

Generational Capital Market’s President and Supervising Principal, Brenen Hofstadter and his team, led by Senior Managing Director, M&A, Phil Pizzuro with the support of Vice President, M&A, Aaron Presley successfully closed the deal. Generational Group’s Senior Managing Director, Joe Van Voorhis and Senior M&A Advisor, Bryce Gray established the initial relationship with Clearwater Engineering, Inc.

Ryan Binkley, CEO of Generational Group, added, “At Generational Group, we are proud to facilitate such impactful transactions.”

About Juniper Capital Management

Juniper Capital Management is a Dallas-based private equity firm focused on investing in manufacturing, industrial, business services, and residential services companies. Juniper’s primary strategy involves supporting smaller-scale businesses, a space that institutional private equity has traditionally overlooked; the firm strives to create value through the investment teams’ hands-on operating experience and deep understanding of the challenges faced by business owners as they approach the next phase of growth. Juniper seeks to continue the legacies of family/founder-owned companies, partnering with management to institutionalize replicable processes, implement data-driven systems, and expand the team in preparation for scale.

About CIC Partners

CIC Partners is a middle-market private equity firm that invests in growth-oriented companies primarily in the food, restaurant, industrial, and energy industries. CIC manages the personal capital of its investment team, operating partners and strategic investors and seeks to partner with owner-operators, founders and management teams. CIC looks for opportunities to leverage the collective experience of its investment team and its operating partners, who are successful CEOs and entrepreneurs, to guide, support and add value to portfolio companies. Based in Dallas, Texas, the firm has generated wealth in private equity investing for its investors and management teams for over 30 years.

About Generational Group

Generational Group, headquartered in Dallas, is a leading, award winning, full-service M&A advisory firm. With over 300 professionals across 15 offices in North America, the company helps business owners unlock the full value of their businesses through a comprehensive suite of advisory services. These services include strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.

Generational Group was honored as the 2024 USA Investment Banking Firm of the Year by the Global M&A Network and named Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022. The firm also received recognition as Valuation Firm of the Year and Consulting Firm of the Year in 2022 and 2023, further cementing its reputation as a leader in M&A advisory services.