Article

SurfacePrep Announces Strategic Acquisition of Schweitzer & Crosson

Byron Center, MI

SurfacePrep, a leading provider of surface enhancement solutions, is pleased to announce the strategic acquisition of Schweitzer & Crosson, a premier provider of paint and powder coating equipment, supplies, and services. This acquisition is set to enhance SurfacePrep’s product offerings and expand its footprint in the surface finishing industry.

Schweitzer & Crosson is renowned for their innovative solutions and commitment to quality in the paint and powder coating sector. This partnership aligns with SurfacePrep’s strategic goal to provide comprehensive surface finishing solutions across a broader market segment.

“We at Schweitzer & Crosson are thrilled to join the SurfacePrep family of companies and support their rapidly growing paint and powder coating business,” said Kevin Hylinski, President of Schweitzer & Crosson. “By leveraging our combined strengths and technical expertise, we can better serve our customers with a comprehensive range of surface enhancement solutions.”

“We are excited to welcome Schweitzer & Crosson into the SurfacePrep family,” said Steve Gumbert, President of SurfacePrep. “This acquisition underscores our dedication to delivering superior surface enhancement solutions to our valued customers.”

The acquisition of Schweitzer & Crosson is a testament to SurfacePrep’s ongoing dedication to growth and excellence. By combining the strengths of both companies, SurfacePrep aims to offer an expanded range of products and services, ensuring that customers receive the highest quality solutions tailored to their specific needs.

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.