Nautic Buys PEP

Nautic Partners has sponsored a management buyout of Precision Engineered Products Inc. from The Jordan Co. PEP is an Attleboro, Mass.-based maker of fabricated parts, technical surface finishes, specialty and clad metals and micron tolerance-molded plastic components. No financial terms were disclosed for the deal, which included senior leverage arranged by GE Antares Capital. www.nautic.com www.pep-corp.com