TOMBALL, TX – December 2, 2021 – Altamira MS Holdings, a portfolio company of Edgewater Capital Partners, announced today that it is continuing its investment in building a leading engineered components platform and has acquired Precision Fluorocarbon, LLC (“PFI”). PFI is a manufacturer of highly engineered, mission-critical PTFE components, such as custom diaphragms, bellows, and machined components, utilized primarily in semiconductor and industrial markets. PFI joins Altamira Material Solutions, a leading manufacturer of high-performance engineered components based in the Houston area, on the Altamira platform.
The addition of PFI to the Altamira family will enable both companies to better serve their existing and new customer bases through:
- Unique engineering and manufacturing capabilities, including expertise in the custom diaphragm market and machining of complimentary polymer materials, such as PEEK, Delrin, Polypropylene, and more
- Robust portfolio of products, including threaded flanges, bushings and seals, bellows, O-rings, and diaphragms
- In-depth engineering support and materials selection expertise
- End-to-end custom solutions, quality, speed, agility, and product performance
“We welcome the PFI team to the Altamira family, and we are excited to continue to invest to grow the service offering and enhance our combined customer experience,” noted Bob Girton, Partner, Edgewater Capital Partners and Chairman of the Board of Altamira. “We are thrilled to support Altamira and PFI as they continue to penetrate new and existing markets and execute a shared growth strategy together.”
Edgewater retained Taft Stettinius & Hollister LLP as legal counsel.
About Altamira Material Solutions
Altamira Material Solutions is a leading manufacturer of high-performance, engineered components to the semiconductor, aerospace, and industrial sectors. Altamira manufactures machined components, PTFE shapes, fluoropolymer etching products, and tapes for custom applications and demanding environments. For more information on Altamira, visit www.altamira-ms.com.
About Precision Fluorocarbon, LLC
Precision Fluorocarbon is a manufacturer of highly engineered, mission-critical PTFE components to the semiconductor and industrial markets. PFI manufactures custom diaphragms, machined components, and PTFE shapes for high-performance applications. For more information on PFI, visit www.pfi-plastics.com.
About Edgewater Capital Partners
Headquartered in Cleveland, Ohio, Edgewater Capital Partners is a sector-focused private equity firm that invests in lower, middle-market performance materials businesses. Edgewater has extensive experience and expertise in niche manufacturing sectors, including specialty chemicals, life sciences, advanced materials, and engineered components. Twenty-plus years of industry-specific investing has allowed the firm to develop a deep understanding of the complex technologies, processes, and operations that these sectors share. For more information on Edgewater Capital Partners, visit www.edgewatercapital.com