Valence Surface Technologies Acquires MAPSCO

Trive Capital, Dallas-based private equity firm, announces that its portfolio company, Valence Surface Technologies has acquired Magnetic and Penetrant Services Company (MAPSCO).

Trive Capital, Dallas-based private equity firm, announces that its portfolio company, Valence Surface Technologies has acquired Magnetic and Penetrant Services Company (MAPSCO).

With two facilities based in Seattle, Washington, MAPSCO provides metal finishing services to the aerospace and defense industries. According to the announcement, MAPSCO complements Valence’s service offerings including non-destructive testing, anodizing, chem-film, precious metal plating, spray coatings, painting/top-coat and shot peen services.

“We are excited to have partnered with a larger company that we believe clearly understands the metal finishing business and how to strategically invest, grow and establish a clear leadership position in our market,” says Frank Milette, owner of MAPSCO.

“The addition of MAPSCO to the Valence platform will allow us to better serve the needs of our customers throughout the global supply chain, especially in the critical Pacific Northwest Region,” Tracy Glende, Valence CEO, adds.