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SurfacePrep Announces Strategic Acquisition of Leering Hengelo B.V. renowned for its Normfinish® Brand

Byron Center, MI

SurfacePrep, a leading provider of surface enhancement solutions, is pleased to announce the strategic acquisition of Leering, a well-known name in the surface preparation industry based outside of Amsterdam in Hengelo, Netherlands. Leering supplies abrasive blasting, cleaning and other solutions for the manufacturing industry. They also engineer and assemble Normfinish® abrasive blasting systems for conventional blasting and post-processing of 3D printed products.

This acquisition enhances SurfacePrep’s market presence in Europe and leverages Leering’s expertise. Leering will continue to operate under its own name, benefiting from SurfacePrep’s resources and support. This move is expected to improve both companies’ product offerings and service capabilities.

“We are excited to integrate Leering’s innovative solutions into our portfolio,” said Jon Dodge, President SurfacePrep International. “This acquisition strengthens our commitment to delivering first class surface enhancement solutions and expanding our reach in the European market.”

The acquisition of Leering demonstrates SurfacePrep’s dedication to growth and excellence. By combining the strengths of both companies, SurfacePrep aims to offer an expanded range of products and services, ensuring customers receive the highest quality solutions.

Certain statements about Nautic made by portfolio company executives herein are intended to illustrate Nautic’s business relationship with such persons, including with respect to Nautic’s facilities as a business partner, rather than Nautic’s capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with their participation, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Nautic-sponsored vehicles. Such compensation and investments subject participants to potential conflicts of interest in making the statements herein.