July 6, 2022
On June 28, 2022 Ms. Nelda J. Connors, Founder and CEO of Pine Grove Holdings led the acquisition of one of the leading North American Component Manufacturers.
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PINE GROVE HOLDINGS ANNOUNCES THE ACQUISITION OF ONE OF THE LEADING NORTH AMERICAN COMPONENT MANUFACTURERS, KKSP PRECISION MACHINING
Pine Grove Holdings LLC (“Pine Grove”), an executive-led operations and investment firm focused on companies with high engineering content, announced today the acquisition of the majority interest in KKSP Precision Machining LLC (“KKSP”), one of North America’s leading manufacturers of precision metal components, from Mill Point Capital LLC (“Mill Point Capital”), a private equity firm, who will remain a minority investor .