BCI partners in acquisition of Valence Surface Technologies

U.S. private equity firm ATL Partners and British Columbia Investment Management Corp (BCI) have together acquired Valence Surface Technologies LLC, a Houston-based aerospace surface finishing platform. Terms weren't disclosed. Owl Rock Capital Corp and Antares Capital provided debt financing. Established in 2013, Valence provides critical surface treatments to aerospace and defence components that require complex finishing. Operating from eight U.S. facilities, it serves more than 3,000 customers. ATL said the deal will support the company's growth through both organic initiatives and add-on acquisitions.

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