Growthink Raising $4 Million Series B Round for Precision Time, Inc.

Growthink announced today that it has been retained to raise a $4,000,000 Series B Round for specialty watch retailer Precision Time, Inc.

Precision Time, with nearly 100 locations in regional shopping malls throughout the United States, is the foremost provider of expert, while-you-wait watch repair services. Precision Time is also a leading specialty retailer of high performance and fashion watch brands, including Fossil, Guess, Invicta, Skagen, Kenneth Cole, Swiss Legend, and Nike.

“Our capital and advisory mandate for Precision Time, which also includes significant financial modeling, market valuation and investor relations milestones, highlights Growthink’s position as the leading and trusted financial strategist to emerging and middle market enterprises—especially in this very challenging fund-raising climate,” said Emily Burg, Growthink’s Vice President of Strategy.

“Growthink’s record of building highly successful companies made them the right partner for Precision Time,” said Brian Ashton, CEO of Precision Time. “We’re certain that our partnership with Growthink will accelerate our Company’s market position and long term growth.”