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Industrial Machinery & Components

Abrasive Technology has been acquired by Blue Sea Capital

The shareholders of Abrasive Technology have sold the company to Blue Sea Capital.

Abrasive Technology is a leading supplier of high-precision products for the top aircraft engine manufacturers in the world and a leading supplier of land-based turbines. This includes high-precision electroplated form wheels for grinding turbine blades and other engine components, as well as electroplated clearance control coatings designed to improve engine performance. The company was founded in 1971 and has manufacturing and sales locations in the US, Mexico and Europe.

Blue Sea Capital is a private equity firm specializing in growth-oriented, lower middle-market companies. The firm targets opportunities in large, dynamic, secular growth manufacturing and service industries, with special focus on a few sectors where it has deep collective prior experience, such as aerospace and defense, healthcare and industrial growth.

Oaklins’ team in Cleveland served as the exclusive financial advisor to Abrasive Technology. Our client instructed us to focus on a small group of targeted buyers. Therefore, we approached only 17 potential buyers. We worked with the Oaklins teams in France and Sweden.

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M&A sell-side
Parties
“The Oaklins team guided us through this unknown and difficult process to a successful sale. They prepared the compelling story of our accomplishments and growth, engaged with strategics and private equity to ensure what, I believe, is a great outcome for Blue Sea and Abrasive Technology’s future together.”

Butch Peterman

Founder and President, Abrasive Technology

Talk to the deal team

 Mark A. Filippell

Mark A. Filippell

Managing Director

Cleveland, United States
Oaklins Citizens Capital Markets
 Andrew R. Ripich

Andrew R. Ripich

Associate

Cleveland, United States
Oaklins Citizens Capital Markets

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