Tex Tech Coatings, headquartered in Kernersville, NC, is a leading supplier of coated and laminated products across a variety of end markets including aerospace & defense, industrial, and medical. Acquiring Tex Tech Coatings will enhance Tex Tech’s capability set to include differentiated formulations and processes to address the most demanding heat, strength and chemical performance needs of its clients. Tex Tech Coatings will continue to provide the same superior service that they have provided for existing customers for over 30 years. Tex Tech Coatings will be led by the existing management team, including Scott Burkhart as President of Coatings, Kelly Moore as VP of Finance, and Justin Barnett as Director of Coatings Sales.
Ciaran Lynch, CEO of Tex Tech. said:
“We are excited to welcome Scott and his team into the Tex Tech family. Over the past 30 years, Tex Tech has continually innovated and invested in world-class R&D capabilities to remain on the cutting edge of industry innovation and technology to best service our customer needs. The acquisition of Tex Tech Coatings is an extremely exciting opportunity for the Company and fits squarely into our strategic roadmap of adding high value-add manufacturing capabilities”
Peter Manos, a Managing Partner at Arlington Capital, said:
“We are extremely excited to begin our partnership with Scott and the entire Tex Tech Coatings team. Acquiring coating and laminating capabilities has been Tex Tech’s top priority since Arlington Capital’s initial investment as it allows the Company to vertically integrate its manufacturing processes and become an end-to-end materials science supplier. We plan to continue to augment Tex Tech’s portfolio of capabilities through both organic investments and strategic acquisitions.”
Erica Son, a Vice President at Arlington Capital added:
“As an industry leader for decades, Tex Tech Coatings possesses proprietary and difficult-to-replicate manufacturing processes and entrenched customer relationships that span over 30 years. Going forward, we are very excited to enhance these strong customer relationships through the combination of Tex Tech’s world-class R&D capabilities and Tex Tech Coatings’ differentiated manufacturing processes and new development pipeline.”
Companies: Tex Tech Industries