Thermal Process Holdings

Ohio Heat Treat Provider Acquired, Joins Holdings Group

John Hubbard, chairman of Thermal Process Holdings

Following the acquisition of a Wisconsin heat treat company, finalized last week, an industry holdings group recently announced the purchase of a high-quality heat treat provider focused in tool and die work.

Thermal Process Holdings (TPH) acquired P & L Heat Treating (P&L) of Youngstown, Ohio, in their continuing efforts to build a leading thermal processing company based on value-added services.

“We are delighted to partner with Bill Pociask and the P&L team. P&L is a well-run heat treating operation providing high-quality service. Both Bill Pociask and P&L are excellent additions to the TPH group,” said John Hubbard, chairman of TPH.

Bill Pociask, founder and president of P&L

“I am excited to work with the TPH group of companies. There are many opportunities for us to help each other grow and continue to serve our customers. The future is very bright for P&L,” said Bill Pociask, founder and president of P&L.

TPH also owns and operates: Diamond Heat Treat, based in Rockford, Illinois; Certified Heat Treating, based in Springfield, Ohio; and Hudapack Metal Treating, based in Elkhorn and Franklin, Wisconsin.

TPH was formed by Calvert Street Capital Partners and John Hubbard (former CEO of Bodycote, PLC) to pursue a buy-and-build strategy in the thermal processing industry. You can listen to an interview with John Hubbard regarding the strategy of Calvert Street Capital Partners, conducted by Heat Treat Today‘s publisher, Doug Glenn, at this Heat Treat Radio link.

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Acquisition of Wisconsin Heat Treat Company to Expand Value-Added Services

John Hubbard, Chairman of TPH

A Wisconsin heat treating company has been acquired by an industry holdings group in a bid to build a leading thermal processing company based on value-added services.

Thermal Process Holdings, Inc. (TPH), purchased Hudapack Metal Treating, Inc., which owns and operates heat treat facilities in Elkhorn and Franklin Wisconsin. In TPH’s acquisition of Hudapack, co-founded by Gary Huss, Charles Davis, and Earl Pack, the company’s strategy is to identify and bring together leading businesses that share a focus on world-class safety, quality, service, and advanced technology. TPH also owns and operates Diamond Heat Treat, based in Rockford, Illinois, and Certified Heat Treating, based in Springfield, Ohio.

Gary Huss, co-founder and President of Hudapack

“We are excited to announce the third acquisition in our strategy to build a best-in-class company that offers a range of advanced services,” said John Hubbard, Chairman of TPH. “I have known and respected Gary Huss for over 30 years and am appreciative that he has entrusted us with the two businesses he has successfully built. I am also pleased that Greg Huss has agreed to become the General Manager of both Elkhorn and Franklin and look forward to working with him as we seek to grow Hudapack.”

“We began operations in 1985 and have been more successful than I ever imagined. When making the difficult decision to sell the business and retire, an important consideration was finding a buyer who would ensure the continued success of the business and provide opportunities for the Hudapack employees. I am confident that John Hubbard and the TPH team will carry out those objectives. I am also delighted that Greg will become GM of both locations. He has spent his career in the business and this transition provides an exciting leadership opportunity for him,” said Gary Huss, co-founder and President of Hudapack.

 

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Certified Heat Treating Acquired by Baltimore Investment Group

John Hubbard, chairman of Thermal Process Holdings

An Ohio-based company providing heat treatment for the general manufacturing market, Certified Heat Treating, has been acquired by Thermal Process Holdings, an investment vehicle formed by Calvert Street Capital Partners (CSCP).

“We are excited to announce the second acquisition in our strategy to build a best-in-class company that offers a range of advanced services. The Biehn family wanted to ensure the continued success of the business and to provide opportunities for their people. We are intent on carrying out those objectives,” said John Hubbard, chairman of Thermal Process Holdings.

Don Longenetter, General Manager of Certified Heat Treating

Don Longenette, who has been director of facilities and maintenance with Diamond Heat Treat, another recent acquisition of CSCP, will serve as general manager of Certified during the transition, which will include overseeing vacuum heat treating, atmosphere heat treating, induction heat treating, carburizing, oil and neutral hardening, among other treatments, at the company’s Springfield, Ohio, facility.

“The operating history of Certified dates to 1959, and the company has a solid reputation in the broad spectrum of industries it serves. We look forward to building on that reputation and growing the business. I’m excited to work with Joe Biehn [president of Certified Heat Treating], who will immediately focus his full attention on driving additional sales. Our goal with Certified is to utilize the exceptional quality of the equipment, the expertise and experience of the employees, and to take advantage of the open capacity of the furnaces,” said Longenette.

Calvert Street is a Baltimore, Maryland-based private equity firm focused on investing in industrial service businesses in the lower middle-market. Thermal Process Holdings builds upon Calvert Street’s experience in other high-value add industrial sectors, including testing and inspection and precision machining.

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