COMTEC MFG, LLC

Continuim Investment Date:
July, 2022

COMTEC MFG, LLC COMPANY OVERVIEW

COMTEC Mfg. (“COMTEC” or the “Platform”) is a best-in-class, mid-sized powder metal platform with two locations in St. Marys, PA and one location in Clearfield, PA, totaling more than 110,000 square feet of production space.

COMTEC manufactures highly engineered powder metal components for a diversified customer base across the fluid control, lawn and garden, agricultural equipment, heavy truck, power tool, defense, automotive, and general industrial end markets. The Platform holds ISO 9001, ITAR, and IATF 16949 registrations.

The Platform was launched with the acquisitions of COMTEC and Cameron Diversified Products (“Cameron”) in 2022. COMTEC serves as the Platform’s headquarters and produces complex, multi-level, ferrous and non-ferrous parts across a wide tonnage range, with a value-added emphasis on partnering with its customers to convert components that have historically been produced through more costly or time-consuming metal forming processes. The acquisition of Cameron provided the Platform with a more diversified customer base, value-added secondary capabilities, and additional mid-tonnage capacity.

In 2024, Continuim completed the transformative acquisition of Innovative Sintered Metals, Inc. (“ISM”), along with its Vision Quality Components (“VQC”) division. The partnership between COMTEC, ISM, and VQC broadens the Platform’s customer base and commercial reach, increases manufacturing capacity, strengthens the bench of technical and engineering talent, and bolsters the Platform’s management team through the retention of ISM’s prior owners, Mr. Pat Struble, Mr. John Dippold, and Mr. Dave Bobby.

In combination, the Platform has presses ranging from five to 825 tons and ample room to expand to continue serving the production component needs of new and existing customers.

By implementing our Efficiency Driven Growth Engine (“EDGE”), Continuim aims to accelerate COMTEC’s growth by filling available production capacity, utilizing Lean principles to drive operational excellence, and pursuing additional strategic acquisitions to further diversify the Platform’s capability set and customer base.

Certain statements about Continuim made by portfolio company executives herein are intended to illustrate the work of Continuim’s team with such portfolio companies. Such portfolio companies are controlled by investment vehicles managed by Continuim. Portfolio company executives were not compensated in connection with their participation, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Continuim-sponsored vehicles. Such compensation and investments subject participants to potential conflicts of interest in making the statements herein.