ATL and BCI-backed Valence Surface Technologies to acquire CIL Metal Finishing & Electroplating.

ATL and BCI-backed Valence Surface Technologies, an aerospace surface finishing platform, agreed to acquire CIL Metal Finishing & Electroplating, a provider of surface treatment. Financial terms were not disclosed. “We are thrilled to welcome CIL’s team and capabilities to our platform. We have long admired Jim and the business he’s built, and we believe CIL’s long standing relationships and proximity to key aerospace customers will significantly improve Valence’s service offering in the Northeast region and beyond, while strengthening our ability to offer a complete range of engineered surface treatment solutions to our customers. We closed this acquisition alongside a refinancing, which provides us with additional dry powder for further acquisitions,” David Camilleri, Valence Chairman.