Prather Capital Partners acquires majority stake in QDP Technologies

Louisville, Ky.-based private equity firm Prather Capital Partners has announced its acquisition of QDP Technologies, a Minnesota-based contract manufacturer providing high-precision components and assemblies to customers in a variety of end markets.

QDP's founder Troy Holien grew the business from a one-man shop in 2005 to a precision manufacturing company serving the aerospace, medical, and diversified industrial markets.

Through this investment, Prather will support QDP's growth strategy of adding new in-house capabilities and delivering best-in-class service to its customers.