Zimmerman, MN (January 27, 2020)…
Prather Capital Partners (“Prather”) is pleased to announce its inaugural investment with the acquisition of a majority stake in UMA Precision Machining (“UMA” or “The Company”), a leading provider of highly-engineered medical device components, assemblies and instrumentation.
Located in Zimmerman, Minnesota, UMA is a premier contract manufacturer specializing in high-precision Swiss turning and 5-axis machining for medical, technological and industrial applications. The Company operates out of a climate-controlled, 25,000+ sq. ft. facility with capabilities for complex, tight-tolerance components and assemblies. Led by the Company’s founder, Tom McChesney, UMA has been a trusted partner for the design, prototype and production of medical devices and components for over 20 years.
For additional information, please visit www.umapm.com
About Prather Capital Partners
Based in Louisville, Kentucky, Prather Capital Partners is a private equity firm investing in profitable and differentiated businesses in the lower middle market. The firm focuses on acquiring majority stakes in companies within specialized manufacturing and business services segments. We leverage our background in finance and technology, as well as a network of operating advisors, to support management teams and build exceptional businesses. For additional information, please visit www.prathercapital.com.