CenterOak Partners LLC, a Dallas-based private equity firm, has announced the sale of SurfacePrep, a global distributor of surface enhancement solutions, to Nautic Partners.
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SurfacePrep, headquartered in Grand Rapids, Mich., offers loose and coated abrasives, specialty ceramic materials and related spare parts and equipment. The company’s field sales professionals support more than 15,000 manufacturing customers through a network of over 35 distribution branches and more than 10 process development labs and production finishing centers.
Customers operate across aerospace, medical, consumer, transportation and general industrial end-markets.
“During CenterOak’s investment, SurfacePrep tripled in size while expanding margins,” said Jason Sutherland, a managing partner of CenterOak.
