Prather Capital Partners ("Prather") is excited to announce its second
investment with the acquisition of QDP Technologies, a Minnesota-based contract manufacturer
providing high precision components and assemblies to customers in
a range of end-markets. The Louisville-based private equity firm is
enthusiastic about working with the company as it enters its next
phase of growth.
LOUISVILLE, Ky., April 7,
2022 /PRNewswire-PRWeb/ -- Prather Capital Partners
("Prather") is excited to announce
its second investment with the acquisition of QDP Technologies, a
Minnesota-based contract
manufacturer providing high precision components and assemblies to
customers in a range of end-markets. The Louisville-based private equity firm is
enthusiastic about working with the company as it enters its next
phase of growth.
Starting in 2005, QDP's founder Troy
Holien grew the business from a one-man shop to a leading
precision manufacturer trusted by customers in a variety of
industries including aerospace, medical, and diversified
industrials. QDP's success stems from meeting stringent customer
demands and it has adapted its capabilities to offer 24-hour
quoting and prototyping services in addition to high volume
production.
"We're thrilled to partner with Troy and the team at QDP as we
work together to drive the next phase of growth," said Prather
Managing Partner, John Siami. "QDP's
laser focus on quality, delivery time, and pricing has allowed it
to offer superior service to its customers and achieve several
years of double-digit growth."
This strategic investment will serve as an opportunity for
Prather to support QDP's growth
strategy of adding new in-house capabilities and delivering
best-in-class service to its customers. QDP represents Prather's second acquisition in the advanced
manufacturing industry, having acquired UMA Precision Machining in
January 2020.
Relevant Links:
https://prathercapital.com/
https://www.qdptech.com/
https://umapm.com/
About Prather Capital Partners
Prather Capital Partners is a private investment firm based in
Louisville, KY. Founded in 2018,
it acquires controlling interests in lower middle market companies,
driving enhanced outcomes through technology adoption, data
utilization, augmented sales initiatives, and hands-on support.
Prather is passionate about
investing alongside management teams and empowering them to build
exceptional businesses. Taking a highly-collaborative approach,
Prather works closely with
founders and operators to build out a strategic roadmap, leverage
combined resources, and execute on a shared vision. Learn more
about Prather Capital Partners at: https://prathercapital.com/
Media Contact
John Siami, Prather Capital
Partners, (502) 714-8781, john@prathercapital.com
SOURCE Prather Capital Partners