TriTec Seal, LLC (“TriTec”), a portfolio company of Edgewater Capital Partners and a leading designer and manufacturer of high performance rotary shaft seals for various end-markets, is pleased to announce that Marcus Pillion has been named its CEO. Pillion will be responsible for TriTec’s global strategic operations with a primary focus of expanding the company’s market position and overall company growth.
“We are delighted to have Marcus join the TriTec team. Marcus’ years of experience, expertise, and demonstrated leadership track record in sealing solutions and related businesses will enhance TriTec’s leading market position and enable the business to achieve its potential.” said Chris Childres, Chairman of the board of TriTec and Managing Partner at Edgewater Capital Partners.
“I am very excited to be working with such a talented group of people dedicated to manufacturing best-in-class custom PTFE sealing solutions with some of the fastest delivery times in the industry,” stated Pillion.
A graduate of the College of Wooster, Pillion has been involved in all facets of business, including general management, sales, marketing, engineering, supply, installation and service and has more than 22 years’ experience in the pump, seal and engineered systems industry. He is committed to fostering the development of a much-needed strategic alliance between local customer support channels, engineering, supplier, contractor and owner to successfully increase the overall equipment reliability of plants. The results increase the opportunity for plants to be more competitive in the global marketplace. Pillion is also a member of the Association of Suppliers to the Paper Industry (ASPI) and is on its Board of Directors while also participating in several other key industry groups.
ABOUT TRITEC SEAL
TriTec Seal is a leading designer and manufacturer of PTFE rotary shaft seals for high performance applications requiring innovative, custom-engineered sealing solutions. TriTec’s products are sold to a variety of end-markets, including mining, industrial, agricultural, oil and gas, and chemical industries.
ABOUT EDGEWATER CAPITAL
Edgewater Capital Partners, based in Cleveland, Ohio, is a private equity firm investing in lower middle market performance materials companies, defined as specialty chemicals, pharmaceutical ingredients, and specialty materials. Through partnership with superb management teams and knowledge developed through years of successful, industry-focused principal investing, Edgewater has the know-how to cultivate, support, and enhance the growth of its portfolio companies.