Please join Independent Investment Bankers Corp in congratulating Liberty Ridge Advisors who announced today that Quaker City Plating (“QCP”), based in Whittier, California, has acquired Bend Plating, Inc. (“BPI”), based in Bend, Oregon.
Quaker City Plating is a global leader in taking high-end specialty components from concept to full-scale production. With more than 300 employees, the Company is the largest and most diverse plating and manufacturing company serving the automotive, commercial, rapid prototyping and part manufacturing industries. Today, QCP continues to invest in advanced equipment and technology to serve clients whose needs are as diverse as their industries. QCP’s process diversity, finishing experience and advanced technology set the company apart from the rest in their industry.
Founded in 1980, Bend Plating is a premier metal plating company serving a variety of industries. The Company offers manual, robotic and automated polishing services. BPI Is one of the few plating companies that offer plating services in addition to polishing services utilizing robots and automated polishing techniques. In addition to plating, BPI also provides physical vapor deposition “PVD” coating to customers. PVD coatings improve hardness, wear, temperature, impact, and oxidation resistance. The Company’s PVD coatings are well-suited to several industries such as aerospace, auto, medical, firearms, and more.
Commenting on the acquisition, Michael Crain of Quaker City Plating said, “as a leading plating operation and a leader in its segment, Bend Plating will provide QCP with a presence in an attractive market and also expand our service offerings”. Mr. Crain added “through this transaction, we now are well positioned within the growing PVD market, which has strong interest among our current customer base”.
Robert Reiten, President of Bend Plating, said “we are excited about this opportunity to become part of the QCP family. We believe that this acquisition strengthens both companies and will allow BPI to continue to offer superior services; while positioning the combined entities for further growth into new and existing markets”.
If you would like to learn more about this deal, discuss potentially mutually beneficial opportunities, or a Company seeking assistance with achieving your financials goals, feel free to contact them at: www.libertyra.com