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Announced

MPE Partners-backed Hi-Tech Industries to invest in 3D International.

Financials

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Transaction Value-
Consideration TypeCash
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Tags

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Private

Pending

construction services

Construction Services

Minority

Private Equity

Domestic

United States

Single Bidder

Friendly

Acquisition

Synopsis

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MPE Partners-backed Hi-Tech Industries, a manufacturer of car care products, agreed to invest in 3D International, a provider of design and construction services. Financial terms were not disclosed. "Tunch and his team have established 3D as an industry leader in product innovation and abrasive technology coupled with a go-to-market strategy that appeals directly to the most highly skilled paint, body, and equipment and detailing professionals as well as discriminating enthusiasts. Hi-Tech is excited to welcome 3D as a sister company in the MPE portfolio," Nathan Iverson, Hi-Tech CEO.

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