GracoRoberts Strengthens Growth in Aerospace and Defense Chemicals with Strategic Investment
GracoRoberts, which supplies specialty chemicals and advanced composite materials for the aerospace and defense industry, has announced that it has received a strategic investment from affiliated funds managed by Tinicum and Tinicum Incorporated.
GracoRoberts, a supplier of specialty chemicals and advanced composite materials to the aerospace and defense industries, announced that it has received strategic investment from funds managed by Tinicum and Tinicum Incorporated.
Under the terms of the agreement, GracoRoberts' management team will continue to maintain a significant stake in the company while continuing to drive the company's growth strategies and operational leadership.
GracoRoberts serves the global aerospace and defense sectors, operating through technical expertise in specialty chemical distribution, digital commerce capabilities and value-added services. The company supplies adhesives, sealants, coatings, composite materials and other specialty chemical products to its customers along with technical support and customer service.
Growing Through Technical Expertise and Supply Chain Solutions
GracoRoberts provides customers with easy access through digital platforms and expert technical sales support thanks to its multi-channel business model. The company focuses particularly on reliable supply of materials used in high-performance aerospace and defense applications.
Additionally, GracoRoberts operates defense logistics and compliance programs that provide end-to-end supply chain management for military operations. Services offered by the company include custom kit preparation, labeling, repackaging, cold storage and supplier-managed inventory solutions.
"We Will Continue to Invest in Our Team and Capabilities"
GracoRoberts CEO Jason Caldwell noted that the partnership with Tinicum will provide new resources to support the company's growth objectives, stating:
"Our partnership with Tinicum presents important opportunities for us to invest in our team, develop our capabilities and continue to increase the value we deliver to our customers and suppliers."
Tinicum partners Erik Blumenkranz and Roddy Cruz stated that they plan to invest with a long-term perspective in the human resources, technical capabilities and strong business model behind GracoRoberts' success.
A New Chapter in the Strategic Growth Journey
CM Equity Partners, GracoRoberts' financial partner for the past 11 years, noted that the company has achieved a strong global market position through strategic acquisitions, operational excellence and a sustainable organic growth approach.
The new investment is expected to allow GracoRoberts to further develop its expertise in the aerospace and defense sectors, expand its product and service capacity and strengthen the solutions it provides to its global customers.
Financial details of the transaction were not disclosed.
Gallery
