Houston Plating and Coatings
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Houston Plating and Coatings - overview
Established
1988
Location
South Houston, TX, US
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
Houston Plating and Coatings provides specialized industrial plating and coating services, focusing on enhancing the durability and performance of metal components across various sectors including aerospace and automotive. Founded in 1988 in South Houston, US, Houston Plating and Coatings offers advanced plating and coating solutions. The company underwent a management buyout in January 2003, led by Main Street Capital Corporation, which provided common equity and warrants for the transaction. The CEO is William Howard.
Houston Plating & Coatings specializes in a comprehensive range of plating and coating services for industrial applications. Their offerings include proprietary electroless nickel (EN) plating processes, achieving 99. 99% coverage on high-pressure gas cylinders, QPQ coatings, phosphate coatings, and various spray coatings such as Xylan and Epoxy. These services enhance corrosion resistance and extend the lifespan of metal components used in sectors like aerospace, automotive, and oil and gas.
Their client base includes companies like The Dan-Loc Group and Kinetic Pressure Control, with a market presence extending across North America. Houston Plating and Coatings operates through business-to-business transactions, providing specialized plating and coating services. Their contracts are tailored to meet specific client requirements, ensuring satisfaction and fostering repeat business. Bulk processing agreements are negotiated based on service type and volume, focusing on high-quality results that support critical applications for their clients.
Houston Plating and Coatings plans to leverage recent funding from the management buyout in January 2003 to support expansion initiatives. The company aims to enhance its product offerings and design new solutions to meet evolving market needs. Specific geographic expansion into new regions in North America is targeted, with plans to broaden their client base by 2025. The recent infusion of capital will be utilized to bolster their operational capabilities and explore opportunities for innovation in plating technologies.
Current Investors
Main Street Capital Corporation
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Heating, Cooling & Ventilation Equipment and Services
Website
www.houstonplating.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Houston Plating and Coatings - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Houston Plating and Coatings | - |
Displaying 1 - 1 of 1
Houston Plating and Coatings - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.