RIE Coatings is pleased to announce our acquisition of Kaehr Corporation
Based in Albuquerque, New Mexico, Kaehr Corporation is the oldest and most respected metal finisher in the Southwest, and for over 75 years has served many of the largest aerospace, government, industrial, and military customers throughout the region and nationwide. Kaehr Corporation offers the broadest range of metal finishing capabilities in the Southwest, including anodizing, specialty plating, chromate conversion, powder coating, painting, surface preparation, and passivation. An ISO 9001 : 2015 and AS 9100 D certified company, Kaehr is ITAR registered and holds customer specific approvals from organizations such as Raytheon, Honeywell, Los Alamos National Labs, and many more.
The acquisition of Kaehr Corporation broadens RIE Coatings metal finishing capabilities and enhances its scope of services and solutions. The combined expertise of RIE Coatings and Kaehr Corporation can now offer its customers broader capabilities and expertise. RIE Coatings conducts extensive searches for businesses that share its philosophies around customer care, technical expertise, service, quality, and company culture, and we are pleased that Kaehr exhibits those same values.
Jim Mac Millan, President of Kaehr Corporation, says “The decision to join the RIE Coatings organization allows Kaehr to keep our seventy years-plus journey of serving some of the most demanding customers and applications in the world moving forward with a company who is focused on long term growth and customer service. The ability to offer both current and future customers greater service and expertise continue the proud decades-long legacy of our family-owned Albuquerque based company”.
John Warne, CEO of RIE Coatings , says “Kaehr Corporation represents a business who has been successful and grown over the decades by offering world class solutions, services, and an unwavering focus on solving customer demands. Together, RIE and Kaehr can offer broader solutions to our customers across the nation. We welcome the Kaehr family and entire Kaehr team to our organization, and look forward to introducing our capabilities to the broader marketplace at large”.
RIE Coatings is actively seeking add-on acquisitions. Please reach out to John Warne if you know of a company that meets the following criteria:
Capabilities of Interest:
E- coating, Zinc Nickel Electroplating, Specialty Painting, PVD Coating, Vacuum Plating, Electroless Nickel, Thermal Spraying, Anodizing, Powder Coating
End Markets of Interest:
Aerospace/ Defense, Medical, Electronics, General Industrial, Commercial, Agricultural, Transportation, Solar/ Wind, Oil & Gas, Automotive
ABOUT RIE COATINGS
Utilizing state-of-the-art technology and a wealth of experience, RIE is a proven leader in developing coating solutions that provide chemical and corrosion protection, abrasion resistance, heat dissipation and dry fi lm lubrication for a wide variety of applications. RIE has provided the impetus and expertise to large companies who have seen the need to move from traditional zinc plating or galvanizing to thin film protective coatings. They have helped companies in a wide range of industries like agricultural equipment, recreational vehicles, military, computer, electronics, construction, medical, aerospace, and others improve the performance of their products through the use of coatings. RIE is certified to ISO 9001 : 2015 , proving their commitment to offering a management system that is equally as great as the coatings they are applying. For more info, please visit www.riecoatings.com. RIE Coatings is a portfolio company of PNC Mezzanine Capital.
ABOUT PNC MEZZANINE CAPITAL
PNC Mezzanine Capital is a flexible junior capital provider with expertise supporting buyouts, recapitalizations and consolidation strategies. PNC MC invests in companies operating in a wide range of industries, but has particular interest in Manufacturing, Value- Added Distribution, Business Services, and Consumer Services. Since 1989 , PNC Mezzanine Capital has been a stable, thoughtful junior capital partner for private equity firms, independent sponsors, entrepreneurs, and management teams. Our approach is to underwrite the long- term business strategy of our portfolio companies, allowing us to respond constructively to the opportunities and challenges of the changing business environment. As a result, PNC Mezzanine Capital has made 206 investments in 107 portfolio companies in support of 404 transactions. We invest $10 million to $65 million in subordinated debt and equity in companies with strong management, proven business models, stable cash flows, and a clear plan for growth. For more information on PNC Mezzanine Capital please visit www.pncmezzanine.com.
