乱伦短视频 Surface Technologies acquires B&M Painting of Camden, ARKANSAS, increasing defense-focused specialty coating capabilities
El Segundo, CA, July 19, 2022 鈥 乱伦短视频 Surface Technologies LLC (鈥溌衣锥淌悠碘) is pleased to announce the acquisition of B&M Painting (鈥淏&M鈥 or the 鈥淐ompany鈥), a leading provider of surface treatment for highly engineered products in the aerospace and defense market in the South-Central region of North America. B&M provides surface treatment to many leading U.S. defense platforms by maintaining key approvals with strategic A&D primes such as Lockheed Martin, General Dynamics, and Aerojet Rocketdyne.
Founded in 1984 by the late Tom McCasland, B&M has been owned and managed by multiple generations of the McCasland and Payne families. The business provides a wide variety of metal finishing services, including media blast, anodizing, chem film, NDT, and industrial painting, specializing in MIL STD and OEM certified paint and primer for mission-critical defense applications.
B&M operates out of an approximately 81,000 square-foot manufacturing campus in Camden, Arkansas that the Company has expanded through investments in increased capacity, OEM approvals, and the addition of new equipment to maintain state-of-the-art metal finishing capability.
With the acquisition of B&M, 乱伦短视频 continues to execute on its customer-focused strategy to improve the aerospace and defense supply chain by creating an integrated platform that offers full-service product finishing solutions with industry-leading quality and turn times.
Chris Celtruda, CEO of 乱伦短视频, said 鈥淲e are extremely excited to add the B&M team and capabilities to the 乱伦短视频 platform. B&M鈥檚 proximity to key defense customers in central
Arkansas will enhance 乱伦短视频鈥檚 service offering in that region and help drive our ability to offer a complete range of coating solutions to our customers.鈥
As part of the transaction, B&M鈥檚 existing management team and workforce will remain with the organization. Tracy Payne and Brian McCasland, current principals in the business, along with Matt Hopkins, the B&M General Manager will remain active in the business and will help integrate the business into the 乱伦短视频 platform.
Tracy Payne commented, 鈥淭he entire family looks forward to the continued growth at B&M.聽 乱伦短视频 provides the right partner for our B&M team to expand into the future, which was a key consideration in the transaction. We look forward to starting a new chapter as part of the 乱伦短视频 team and continue our focus on customer satisfaction.鈥
乱伦短视频 is majority-owned by ATL Partners (鈥淎TL鈥) and British Columbia Investment Management Corporation (鈥淏CI鈥) who invested in 乱伦短视频 in June 2019 to accelerate 乱伦短视频鈥檚 strategic initiatives and support its continued growth. B&M represents the tenth add-on acquisition for 乱伦短视频 since inception, and 乱伦短视频 will continue to pursue attractive M&A opportunities in both North America and Europe.
About 乱伦短视频
乱伦短视频 Surface Technologies is the world鈥檚 largest independent provider of Aerospace product finishing services. With 12 locations and over 4,500 unique industry approvals, 乱伦短视频 processes more than one million parts per month. In addition to being Nadcap accredited, all 乱伦短视频 sites provide specialized metal processing and finishing services to a diversified set of fast-growing commercial aerospace, defense, and space/satellite markets. 乱伦短视频 partners with its customers to deliver best-in-class quality, turn times, and full-service supply chain solutions.
About ATL Partners
Founded in 2014, ATL Partners is a premier sector-focused private equity firm that invests in aerospace, transportation, and logistics companies.聽 ATL brings deep sector expertise to its investment approach with nine investment professionals and seven Executive Board members who have decades of combined operating experience in each of ATL鈥檚 core sectors. For more information about ATL Partners, visit
About BCI
British Columbia Investment Management Corporation (BCI) is amongst the largest institutional investors in Canada with C$211.1 billion under management, as of March 31, 2022.聽Based in Victoria, British Columbia, with offices in Vancouver and New York City, BCI is invested in: fixed income and private debt; public and private equity; infrastructure and renewable resources; as well as real estate equity and real estate debt through our independently operated platform company QuadReal Property Group.聽With our global outlook, we seek investment opportunities that convert savings into productive capital that will meet our clients鈥 risk and return requirements over time. This compels us to integrate long-term ESG matters into all investment decisions and activities. BCI鈥檚 clients include pension plans representing over 715,000 plan members, insurance funds providing more than three million Autoplan insurance policies annually, benefits coverage to more than two million workers and 225,000 companies, and special purpose funds within BC鈥檚 public sector. Founded in 1999, BCI is a statutory corporation created by the Public Sector Pension Plans Act. BCI鈥檚 private equity program, valued at approximately C$24.8 billion, manages a global portfolio of direct investments, co-investments, and fund investments.聽Through our direct investments, private equity focuses on sectors including financial and business services, healthcare, industrials, consumer, and technology-media-telecom across the Americas, Europe, and Asia Pacific. For more information, visit our website bci.ca or follow us on LinkedIn.
Contact:
Julie Sims 鈥 Director of Marketing and Communications, 乱伦短视频 Surface Technologies