Techniques Surfaces Holdings has acquired Vergason Technology, a vacuum metalizing and physical vapor deposition (PVD) coatings provider.
Fabrice ProstVergason Technology is located in Van Etten, New York. Techniques Surfaces Holdings is a subsidiary of HEF Groupe, a surface treatment company based in France.Vergason Technology offers coating equipment and services. The company’s portfolio includes sputtering, thermal evaporation, and cathodic arc deposition technologies for a variety of metalizing and hard coating applications in the automotive, aerospace, medical, cutting tool, and electronics sectors.
“I and our 3,200 HEF Groupe associates across 21 countries and 90 facilities welcome VTI employees, customers, and suppliers,” says Fabrice Prost, HEF Groupe President]. “HEF Groupe will support the VTI team to enlarge their business and further globalize, diversify and market the coating technologies and applications that VTI has developed locally.”
Josh SoperVTI will continue to be led by its current President, Josh Soper.
“We are excited about HEF Groupe’s acquisition of VTI,” Soper says. “This marks a significant milestone in our journey and opens up new opportunities for growth and innovation. Joining forces with HEF will enhance our ability to serve our customers and expand our PVD equipment and coating offerings. We are grateful for the support of our employees, customers, and partners, and we look forward to a bright future together.”
Gary Vergason, founder and CEO of Vergason Technology, says the company is “extremely proud and honored” to become part of the HEF Groupe. They look forward to expanding our services and offerings.
“It is exciting to ensure our presence in our local community and in continuing to make contributions to our valuable customers, suppliers, and the industry that we work in,” Vergason says.
Gary VergasonGary Vergason appreciated the work done by Triscend Partners, which served as VTI's exclusive sell-side investment banker. James Jolley of Smith Anderson acted as VTI's lead legal counsel for the transaction.
“After 39 years of building this business, it became more than just a company—it is a family,” he says. “Finding the right home for our employees and ensuring that the legacy we built would continue was my top priority. John Mosser of Triscend Partners truly understood that. His expertise in our industry and ability to connect us with the right partner made all the difference. His strategic approach and unwavering commitment set him apart.”
Visit https://vergason.com.
