The Company is a manufacturer of high-performance, transparent polymer, and glass coatings for plastic and glass components. The Company also provides coatings application services.
Key Aspects
· The Company has been in operation for more than 50 years with deep experience in organometallic and polymer chemistry.
· Holds exclusive license agreements and royalty arrangements with two key customers, providing differentiated access to patented technologies and reinforcing long-term partnerships.
· Generates consistent, high-margin royalty income annually through established patent licensing agreements.
· The highly diverse customer base extends across multiple industries.
· The Company has 25 core product offerings with an additional 100+ modifications to meet tailored customer needs.
· Capabilites allow for the accommodation of short-runs and low volume customers with short lead times.
Opportunities
· Establish an active sales team to focus on business development for different domestic and international markets.
· Modernize the services and internal processes to increase capacity and efficiencies.
· Pursue market penetration of the military sector both domestically and internationally.
· Develop new product lines that are specific to underserved markets.
· Vertically integrate injection molding and other post-coating operations.
Headquartered
· Texas, US
Current Markets
· The Company’s products and services are utilized by a diverse customer base that includes the automotive, marine, aerospace, agriculture, architectural, personal protective equipment (PPE), and manufacturing industries in the Americas, Europe, and Asia.
Real Estate
· The Company operates from a 50,000 square-foot facility leased from an affiliated entity in Texas. The affiliated entity is open to including sale of the facility/property if the purchase transaction can be separated from the sale of the Company.
Shareholder Objectives
· Ownership is looking for a full exit and a strategic buyer that can utilize the Company’s solid reputation and know-how to take the Company to the next level.
