Announced
Completed
Financials
Tags
surface enhancement
Acquisition
Domestic
United States
Machinery: Industrial
Majority
Private
Private Equity
Completed
Friendly
Single Bidder
Synopsis
Nautic Partners, a private equity firm, completed the acquisition of SurfacePrep, a distributor of surface enhancement solutions, from CenterOak Partners, a private equity firm. Financial terms were not disclosed. “SurfacePrep is led by CEO Mike Currie and an experienced management team that has demonstrated a long history of growth. We are excited about Mike and the team’s ability to accelerate that growth track record in the coming years and are thrilled to partner with them to support the company’s future efforts. Additionally, we’re excited to add another investment to our distribution portfolio within Nautic’s Industrials group,” Chris Pierce, Nautic Managing Director.
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