ATL Partners and BCI Acquire Valence Surface Technologies LLC
HOUSTON ─ ATL Partners and British Columbia Investment Management Corp. (BCI) have acquired Valence Surface Technologies LLC, the largest independent aerospace surface finishing platform in North America. Existing management also invested in the company.
Founded in 2013 and based in Houston, Valence Surface Technologies LLC provides critical surface treatments such as non-destructive testing, shot peening, chemical processing, plating, painting and spray coating to aerospace and defense components that require complex finishing to meet engineering specifications. Valence currently operates eight facilities throughout the United States in key aerospace and defense manufacturing regions, serving over 3,000 customers and processing over 12 million individual parts annually.
“Over the last several years we have built Valence into a market-leading platform, and we look forward to expanding the company’s capabilities and geographic footprint as we seek to offer additional, differentiated services to our growing customer base,” said Tracy Glende, Chief Executive Officer of Valence. “We are very excited to partner with ATL given their sector focus and in-depth knowledge of commercial aerospace and the surface finishing market.”
“ATL has followed the Valence story since the beginning, and we are very impressed with the business that the Valence management team has built,” said Frank Nash, founder and Managing Partner of ATL. “We believe there are many opportunities for growth in the company, through both organic initiatives and strategic add-on acquisitions, and we are excited to support the Valence management team as they execute their strategic vision for the company over the coming years.”