“We are extremely excited to be associated with the CAM Specialty Products team, their high-end design and urethane processing capabilities are a great fit with our strategy to provide reliable, innovative, high-performance products and solutions that our customers require in critical mission applications”, commented Mike Balas, UTEX’ Chief Executive Officer. “CAM’s experience, highly skilled workforce, and focus on exceeding customer expectations are a perfect fit and we look forward to leveraging their strong customer relationships with Utex’ in an effort to add more value to our critical customers. This transaction will be completely transparent to our customers while helping us to further build a leading position in product innovation, high performance, custom engineered solutions, and overall responsiveness to the unique needs of the customers and markets we serve.”

“We are extremely excited to be associated with the DuraQuest team, they have proven themselves as a top-notch supplier with a highly skilled workforce in an extremely demanding market. DuraQuest has earned a strong reputation for service and process innovation, and, is a natural fit with our strategy to provide reliable, innovative, high-performance solutions that our customers require in critical mission applications”, commented Mike Balas, UTEX’ Chief Executive Officer. “This transaction will be completely transparent to our customers while helping us to further build a leading position as an innovator of high performance, custom engineered solutions with a focus on exceeding the unique requirements of our customers and served markets.”

“We are extremely excited to be working with Audax, whose investment in UTEX is a vote of confidence in our team, our capabilities, and our track record of providing the reliable, high-performance sealing products and solutions that our customers require,” commented Mike Balas, UTEX’s Chief Executive Officer.  “Audax Group’s significant financial resources and expertise in our markets will create new investment and growth opportunities while solidifying UTEX’s position for continued long-term success.  This transaction will be completely transparent to our customers while helping us to further build our leading position in product innovation, high performance and custom engineered solutions, and overall responsiveness to the unique needs of the customers and markets we serve.”