PREMO VENTURES is a private equity firm based in Greenville, South Carolina, specializing in buyout acquisition or majority ownership transactions of small and often underserved manufacturing companies with annual revenues between $1 million and $5 million. We then work hands-on in the organization to scale and accelerate into an advanced manufacturing platform capable of $25+ million through investments in people, processes and technology.
The firm seeks to acquire manufacturing companies specifically in the South East region (Georgia, South Carolina, North Carolina, Eastern Tennessee, Northern Florida), ideally with differentiated niche industry areas and core competencies in precision machining, metal fabrication, speciality coatings, electronics assembly or engineering design capabilities.
We structure transactions for sellers whether they are owners staying with the business, seeking to retire and transition out of the business, or financial sponsors seeking an exit. We are responsive to individual needs and have the experience necessary to offer creative solutions.
Once acquired, we work with existing management teams or can build succession plans where necessary to recruit new management. We leverage the domain expertise of our investors, entrepreneurial families and successful business executives who all bring practical hands-on, real-world skills and passion for growing our manufacturing industry.