KAL Capital Advises on the Sale of Valence Surface Technologies

We are pleased to announce that Valence Surface Technologies, a portfolio company of Trive Capital, has been acquired by ATL Partners and British Columbia Investment Management Corporation. KAL Capital Markets served as a sell-side financial advisor on the transaction.

Founded in 2013 by Trive, Valence is the leading independent provider of aerospace surface finishing services, which has historically been a highly fragmented, geographically focused, and technically challenging part of the supply chain. The Company was built to offer a differentiated, full service, supply chain solution for critical, complex parts to the aerospace industry, delivering the lead times, capacity and technical resources needed to match growing aircraft build rate demand.

Since the formation of the Valence platform, the Company has experienced strong growth driven by investment in capacity and next generation technologies, coupled with the targeted acquisition of eight facilities in each major aerospace machining hub. In addition, Valence has built an exceptional management team, who in partnership with Trive have driven significant improvement in operational execution, process, systems and innovation. As a result, the Company is well positioned as the sector expands to leverage its strategy of simplifying supply chain complexity for aerospace OEMs and major Tier 1s.

“In less than six years, Valence expanded from one facility in one geography to eight facilities in three centers of excellence with the largest set of approvals and capabilities in the sector,” commented Tracy Glende, CEO of Valence. “We are proud of our successful partnership with Trive, collaboratively building a business and capability that has resonated with our customers and employees. Trive’s operational, financial and sector expertise were valuable in positioning the Company for growth, and we look forward to continuing this momentum with our new shareholders.”

For more information on Valence Surface Technologies, please see the link here.

About Valence Surface Technologies
Valence Surface Technologies is the world’s largest independent provider of aerostructure surface technology services. The Company provides specialized metal processing and finishing services to a diversified set of fast-growing commercial aerospace, defense, and space/satellite markets, delivering best-in-class quality, turn times and supply chain partnership.

About KAL Capital Markets
KAL Capital Markets specializes in Sell-Side M&A advisory for family-held and private equity-owned businesses throughout the A&D supply chain. Our advising experience holds a track record of leveraging tight-knit industry relationships to run targeted processes for exits and recapitalization with strategic and financial sponsors.