Guardian Capital Partners LP on Thursday, July 16, said it’s sold Precision Roll Solutions to Warren Equity Partners LLC platform American Roller Co. LLC, a few months after The Deal reported the precision-roll manufacturer was progressing through a sale process.

Wayne, Pa.-based Guardian didn’t disclose the financial terms of the deal, but the Deal in April reported the company generated roughly $30 million in Ebitda and that suitors offering at least a 12.5 times Ebitda multiple had advanced to a management presentation round.

The Deal said American Roller was among the groups still in the running to buy Sandston, Va.-based PRS during the sale process, as well as Berwind Corp. holding Maxcess International Corp.

Precision Roll Solutions is a full-service provider of highly engineered precision rolls and related process components used across packaging, consumer, industrial, automotive and medical manufacturing end markets. The company’s products include engraved and embossing rolls, sleeves and print cylinders. PRS also provides roll repair, refurbishment and machining services through a multisite footprint.

Guardian acquired PRS in 2022 and worked with management to build the business into a national integrated precision roll platform.

During Guardian’s ownership, PRS refreshed its commercial strategy around key accounts and priority end markets, completed five add-on acquisitions and integrated the business into a single operating platform. The acquisitions included ARC International Inc., which provides engraving solutions to the corrugated packaging industry, as well as mechanical engraving and printing assets from Pamarco Global Graphics Inc., The Deal previously reported.

Guardian said American Roller’s acquisition of PRS will combine complementary precision roll and roller-coating capabilities across overlapping end markets. Under American Roller, the combined business will offer customers a broader suite of products and services, with added scale and a wider footprint intended to support organic growth and additional acquisitions.

Union Grove, Wis.-based American Roller provides engineered services and industrial rollers including rubber and urethane coverings, plasma coatings and core fabrication. Warren Equity Partners in 2025 acquired the business from Hamilton Robinson Capital Partners LLC for an undisclosed amount.

Guardian makes control investments in lower middle market consumer, niche manufacturing and specialty business services companies. The firm typically makes equity investments of $25 million to $100 million in companies with revenue of $25 million to $200 million and Ebitda of $5 million to $30 million.

Jacksonville Beach, Fla.-based Warren Equity invests in lower middle market operating companies, primarily in North America. The firm focuses on the transportation, power and utilities, buildings and facilities, digital infrastructure, water and wastewater and waste sectors.

Robert W. Baird & Co. and Piper Sandler Cos. were financial advisers to Guardian and PRS, with Goodwin Procter LLP as counsel.