The business was founded and operated for 27 years by David and Tara Schwanke, who built Precise Technologies into a close-tolerance manufacturer supplying components for medical analyzers, military aircraft, missile systems and spacecraft.<\/p>\n
\u201cThis is a state-of-the-art facility designed for extremely high-precision work,\u201d said Edward Valaitis, managing partner at Edison Avenue, who advised the sellers. \u201cThe infrastructure alone reflects the complexity of what the company produces.\u201d<\/p>\n
![\"Owners](\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2025\/12\/Untitled-6-22-728x410.jpeg.optimal.jpeg\")
Left to right, Todd Kuykendall, Dave Schwanke, Tara Schwanke, and Edward Valaitis at the closing of Precise Technologies Inc., a Largo-based precision manufacturing company, sold along with its industrial property.<\/p>\n
A buyer with technical depth<\/p>\n
Kuykendall\u2019s aeronautical engineering background and experience operating a Tampa Bay manufacturing company made him a strategic fit, Valaitis said.<\/p>\n
\u201cPrecise Technologies is well-positioned to continue serving aerospace, defense and healthcare customers,\u201d Kuykendall said. \u201cI\u2019m excited to build on the foundation Dave and Tara established.\u201d<\/p>\n
Why this deal happened now<\/p>\n
Interest in the company was strong, reflecting broader momentum in domestic manufacturing and nearshoring trends as companies prioritize supply chain reliability and technical specialization.<\/p>\n
READ MORE TBBW STORIES<\/a><\/p>\n Valaitis said the firm received inquiries from more than 400 potential buyers, though only a fraction met the financial and operational qualifications required to move forward.<\/p>\n A deliberate exit strategy<\/p>\n Unlike many transactions, the sellers chose not to proceed under a letter of intent.<\/p>\n \u201cWe stayed on the market until a full purchase agreement was negotiated,\u201d Valaitis said. \u201cThat approach kept leverage balanced and ensured the details were resolved before the business was tied up.\u201d<\/p>\n Closing a 27-year chapter<\/p>\n The sale allows the Schwankes to retire after decades of operating the business.<\/p>\n \u201cAfter more than 30 years of building this company, being able to step into the next chapter is incredibly rewarding,\u201d David Schwanke said.<\/p>\n As Tampa Bay continues to attract advanced manufacturing investment, transactions like this highlight the region\u2019s role in supporting specialized, high-value production and successful owner exits.<\/p>\n Stay Connected<\/p>\n Sign up for TBBW\u2019s newsletter<\/a><\/p>\n Watch TBBW\u2019s Podcast<\/a><\/p>\n![\"Dave](\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2025\/12\/Untitled-6-23-728x410.jpeg.optimal.jpeg\")
Dave and Tara Schwanke mark their final day at Precise Technologies with employees as the longtime owners begin retirement after building the Largo-based precision manufacturing company over three decades.<\/p>\n