#United States #New York #Aerospace #Behrman Capital #Metallizing Service Company

Behrman Capital Acquires Metallizing Service Company

In an important move for the aerospace and defense sectors, Behrman Capital, a New York-based private equity firm, has acquired the assets of Metallizing Service Company Holdings, Inc. (MSC), a leading provider of thermal spray coatings and finishing services. The financial details of this acquisition have not been publicly disclosed, but the strategic implications are significant for both companies involved.

A Legacy of Excellence

Headquartered in West Hartford, Connecticut, MSC brings over 80 years of experience to the table, catering primarily to military and commercial aerospace, as well as industrial gas turbines. The company specializes in advanced thermal spray coating technologies, including plasma spray and high-velocity oxygen fuel (HVOF). These processes are crucial as they help meet stringent performance requirements for critical engine components, offering solutions that enhance thermal protection, wear resistance, and sealing capabilities.

The technical sophistication that MSC provides is invaluable in supporting key platforms across military and commercial aviation as well as industrial applications. This reputation is bolstered by robust accreditation from entities such as NADCAP and AS9100, ensuring that MSC's offerings are validated through rigorous testing and customer approvals. This makes them a go-to partner in the defense and aerospace supply chain.

Growth Opportunities Ahead

Grant G. Behrman, Managing Partner of Behrman Capital, expressed enthusiasm about the acquisition, noting, "MSC is a highly attractive business with deep process know-how and a market-leading reputation for quality." He went on to articulate how MSC's long-standing customer relationships, technical expertise, and qualification-driven approach form a solid foundation for future growth.

The acquisition signifies more than just an expansion of Behrman's portfolio; it's poised to open avenues for further investment into MSC's capabilities and strategic expansions into adjacent technologies and services. This could mean enhancing their existing operations and exploring potential mergers and acquisitions that align with their growth strategy.

As part of the acquisition, MSC's experienced management team, including Doug Chappel, Vice President of Business Development, Engineering, Quality, and Charles Cavanagh, Vice President of Operations, will remain in place. Their continuity is expected to assist in navigating this newest chapter of growth, tapping into emerging opportunities in the aerospace market.

Chappel reflected on the acquisition, stating, "This is an exciting milestone for Metallizing Service Company. Behrman Capital's extensive experience with highly technical aerospace and defense companies makes them an ideal collaborator to help us capture significant growth opportunities on the horizon." Cavanagh emphasized that they aim to enhance their service quality while expanding their capabilities to meet customer needs effectively.

Behrman Capital's Focus and Strategy

Founded in 1991, Behrman Capital specializes in management buyouts and recapitalizations, focusing primarily on three sectors: Defense and Aerospace, Healthcare, and Specialty Industrials. To date, the firm has raised $4.3 billion across its various funds and is currently investing from its seventh fund.

In summary, Behrman Capital's acquisition of Metallizing Service Company not only strengthens its position within the aerospace and defense markets but also reflects a commitment to enhancing technological capabilities through investment and strategic partnerships. The innovative solutions provided by MSC will likely complement Behrman’s existing portfolio, paving the way for an exciting future ahead for both organizations.

For further details on Behrman Capital or Metallizing Service Company, visit their respective websites to explore their offerings and latest initiatives.