May 7, 2018
TRITEC PERFORMANCE SOLUTIONS ACQUIRES LEECO INDUSTRIAL PLASTICS, INC
SWARTZ CREEK, Michigan – May 7, 2018. TRITEC Performance Solutions (“TRITEC”), is pleased to announce the acquisition of Leeco Industrial Plastics, Inc. (“Leeco”) located in Giddings, TX, expanding their reach, machining capabilities, and product line. TRITEC Performance Solutions, an Edgewater Capital Partners (“Edgewater”) company, is located in Swartz Creek, MI.
“Leeco brings a heritage of 20 years of manufacturing and machining high quality, custom tight tolerance industrial parts that complement TRITEC’s current offering. In addition, their Gulf Coast presence further expands TRITEC’s footprint in a key geographical region. We’re really excited to add them to the TRITEC family and to be able to offer our customers even more exceptional solutions, said TRITEC CEO Marcus Pillion.
“We’re enthusiastic at Leeco joining the TRITEC and Edgewater families. Leeco’s reputation for providing custom, tight tolerance products, primarily made of PTFE and PEEK materials, continues Edgewater’s focus in performance material and engineered component businesses. We’re excited to support both companies in reaching their next stage of success as a combined organization,” said Bob Girton, Partner, Edgewater.
ABOUT TRITEC PERFORMANCE SOLUTIONS
TRITEC is a world-class leader in the engineering and manufacturing of solutions that make great machines even better. TRITEC’s product portfolio includes seals, bearings, lubricants and other critical components developed with proprietary materials to enhance product performance and give competitive edge to our customers over their competition.
TRITEC’s products are sold to a variety of end-markets, including consumer products, heavy industries, motorsports, chemical processing, medical, mining, oil & gas and agriculture.
ABOUT EDGEWATER CAPITAL
Edgewater Capital Partners, headquartered in Cleveland, Ohio, is a sector focused private equity firm investing in lower middle-market performance materials businesses. Edgewater has extensive experience and expertise in niche manufacturers of specialty chemicals, pharmaceuticals, and engineered components. Twenty years of industry specific investing has allowed Edgewater to develop a deep understanding of the complexities and nuances common to these businesses. Edgewater is strategic, patient capital looking for opportunities to partner with owner-operators, management teams, and employees in developing, enhancing, and growing market leading businesses. Further information at www.edgewatercapital.com.