California's All Metals Processing Acquires Embee Processing

All Metals Processing of Orange County, California, has acquired Embee Processing from the Triumph Group.

“The team at Embee Processing is committed to quality service, and our goal is to continue to be a valuable and reliable partner to the aerospace and defense supply chain,” says Michael Coburn, All Metals CEO. “Embee Processing’s current management, technical and supporting staff will continue operations at its current facilities.”

All Metals Processing was a Products Finishing Top Shop in 2017.

The collaboration between two of Southern California’s leading metal finishing shops is expected to add significant improvements and value to the supply chain, Coburn says, and to further strengthen the ever-growing aerospace and defense industries, which each shop has served for many years.

The Embee division generated revenues of approximately $42 million in Triumph Group’s fiscal year ended March 31, 2017. Embee Processing provides more than 70 metal finishing, inspection and testing processes, including chrome, nickel and cadmium plating; high-velocity oxy-fuel (HVOF); IVD/Vac Cad; anodize/hard anodize; and paint and grinding services. The business is located in Santa Ana, California, and provides services to a variety of aerospace and defense customers across the United States.

“With the sale of Embee to All Metals Processing, Triumph continues to execute on its transformation plan, divesting non-core businesses to enable debt reduction and reinvestment in new areas of opportunity,” says Dan Crowley, Triumph Group president and CEO. “Embee is an excellent fit with All Metals, and we are confident that the synergies between the two companies will benefit them both in the long run.”

All Metal Processing is owned by Watson Family Investments, which has a long history of owning and operating manufacturing and service businesses. Noel Watson spent much of his career as the CEO of Jacobs Engineering, now one of the largest engineering services firms in the world. KAL Capital Markets provided advisory services to Watson Family Investments to support the acquisition.
 
“The KAL Capital team was instrumental in helping us refine our growth strategy and execute this important transaction,” says Derek Watson, a Watson Family Investments founder.

“Doing our part to make sure All Metals and Watson Family Investments were successful in their acquisition of Embee was critically important to us,” says Trevor Bohn, who, along with Ryan Murphy, founded KAL Capital. “We're very proud that this marks KAL Capital team's eighth closed metal finishing acquisition transaction, which now collectively include facilities in over 13 locations throughout the US, Canada and Mexico.