We’re celebrating getting to the “fringe” of the weekend with a Heat Treat Fringe Friday installment: Riverspan Partners has acquired United Titanium, a leading U.S. manufacturer of engineered, mission-critical fasteners, fittings and precision components made from titanium, zirconium, and other specialty metals. United Titanium serves critical industries such as defense, aerospace, medical and dental, electronics, petrochemical processing and marine engineering.
While not exactly heat treat, “Fringe Friday” deals with interesting developments in one of our key markets: aerospace, automotive, medical, energy, or general manufacturing.
Partner
Riverspan Partners.
Based on Wooster, Ohio, United Titanium was founded in 1962 and offers comprehensive services such as precision machining, custom fabrication, and advanced inspection and testing.
“We have built a remarkable business together over the past five decades, and I am thrilled that the team has found an ideal partner for the next chapter,” said Mike Reardon, president of United Titanium. “Riverspan deeply appreciates the people and processes that have contributed to our success and is keen to build on those strengths to capitalize on the significant growth opportunities in our core markets. Their expertise will help United Titanium to reinforce its commitment to quality, innovation and high-touch service through further investment in our people and technology. I am excited to see the company continue to prosper.”
“We have tremendous respect for the outstanding business … United Titanium team has built, and we are excited to build on that rich legacy,” said Dave Thomas, partner at Riverspan Partners.
The company will continue to be led by the same senior team and will remain headquartered and an active community member in Wooster, Ohio. As part of the transaction, longtime industry executive Paul Schwarzbaum will join the United Titanium Board of Directors.
Press release is available in its original form here.
