Precision Hardware has an excellent reputation as a leading manufacturer and supplier of emergency and controlled egress devices for commercial and institutional door openings. Despite great expertise within the security door closure market, Precision was interested in exploring new markets for expansion and an opportunity to enhance their product line through an alignment with a fully integrated security solution provider. The company realized a strategic partner could bring breadth to the product line and increase market opportunities. P&M Corporate Finance, LLC was engaged to represent Precision Hardware in its negotiations with Stanley Security Solutions.

• The combination of Precision Hardware exit devices with Stanley^® hinges, Best^® locking systems and Ryobi^® door closers provided Stanley Security Solutions with a premium door hardware alternative
• PMCF led negotiations with Stanley and achieved a final purchase price that met the seller’s objectives
• Shareholders achieved personal liquidity and diversification goals
• The project was completed timely and met buyer and seller goals to complete the transaction within an agreed upon schedule

Precision Hardware

Precision, located in Romulus, Michigan, manufactures architectural exit devices for the commercial door market. The company has been a leader in panic and fire exit hardware, offering touchbar and crossbar devices for metal doors, wood doors, aluminum stile and rail doors. They offer a variety of electronic and security features, further enhancing their products.

Stanley Security Solutions

Stanley Security Solutions, a business division of The Stanley Works, is a provider of access and security solutions for institutional, commercial and industrial businesses and organizations. With a strong emphasis on service, Stanley Security Solutions delivers a comprehensive suite of security products, software and integrated systems directly to end user. Stanley Security Solutions is committed to extending its position as a leading comprehensive resource for a broad and extensive array of solutions that span the entire security spectrum.