THOMPSON CAPITAL PARTNERS COMPLETES THE ACQUISITION OF AMERICAN INDUSTRIES DIVERSIFIED, INC

Phoenix, AZ, November 27, 2017 - Thompson Capital Partners ("TCP") announced today the completion of the acquisition of American Industries Diversified, Inc., an Arizona corporation ("AID").  AID is a leading supplier of technical coatings to the aerospace and defense industries.  AID is Nadcap certified in accordance with SAE Aerospace Standard AS7003 for chemical processing, Aerospace Quality System (AC7004), and ITAR compliant.  AID serves all major aerospace and military OEMs, including Honeywell, Boeing, Triumph, Sargent, General Dynamics as well as a host of Tier I precision parts manufacturers.  AID was established in 1978 and is located in Phoenix, AZ.

Mike Thompson, Managing Partner of TCP commented, "We are excited about making this investment in a premier provider of technical coatings to the aerospace and defense market and to partner with the existing management team to grow the business and further broaden their capabilities.  Prior to closing this transaction, I had discussions with many of AID's key customers and I have never before received such uniform positive customer feedback on any company's performance.  AID is a business that has earned the right to grow and to receive substantial further investments to support their growth." 

 

About Thompson Capital Partners:

Thompson Capital Partners, founded in 2013, is a private equity firm focused on enabling privately-held, lower middle-market companies realize their full potential.  The firm specializes in providing turnaround, growth and consolidation expertise in combination with patient, long-term capital from its network of investment partners.  The partners of the firm combine the operational expertise and in-depth due diligence capabilities of a strategic buyer with the seasoned acquisition team of a financial buyer.  The firm's partners are hands-on operators who work alongside existing management or step-in to replace management when required.  Free of the restrictions and excessive fees associated with typical private equity funds, the entire partnership is focused on creating long-term sustainable value.  For more information, please visit http://thompsoncapital.partners.