Keswick Partners, a leading private equity firm focused on strategic investments, is excited to announce its partnership with Metal Tech, a premier provider of equipment maintenance and repair services. This collaboration marks a significant milestone for both firms as they aim to drive growth and innovation within the industrial services sector. Based in Murfreesboro, North Carolina, Metal Tech has built a strong reputation for delivering comprehensive maintenance and repair solutions across a diverse range of industries.
Metal Tech distinguishes itself through its commitment to extending the operational lifespan of critical equipment and minimizing downtime for its clients. Serving industries such as pulp and paper, steel production, chemical processing, signage, food and beverage, infrastructure development, and general manufacturing, Metal Tech operates through two synergistic divisions: a full-service shop and field services. These divisions work in tandem to offer customers turnkey solutions encompassing machining, fabrication, maintenance, repair, and installation services. This integrated approach ensures that Metal Tech clients benefit from reduced production costs and enhanced operational efficiency.
Brock Felton, Owner of Metal Tech, emphasized the strategic alignment with Keswick Partners, stating, “We chose to partner with Keswick because of their deep understanding of businesses like ours. It’s invaluable to collaborate with a partner who truly understands our industry and appreciates the culture we’ve cultivated. As a family-founded business, it was crucial to find the right partner who would value our legacy and support our management team.”
Chris Hart, Managing Partner at Keswick Partners, echoed this sentiment, “Keswick is dedicated to supporting family-owned businesses like Metal Tech that have established robust and scalable operations in key industrial markets. Brock and his father have built an exceptional company, thanks to their dedicated team. We are honored to support Metal Tech in its next phase of expansion and build upon their impressive legacy.” This investment in Metal Tech represents Keswick Partners’ second platform investment since the successful closing of its inaugural fund in late 2022, underscoring their commitment to strategic growth within the industrial sector. The Bundy Group acted as the representative for Metal Tech in this transaction.