Harvey Performance Company Acquires Titan USA

Investing for Growth

Rowley, Massachusetts, and West Springfield, Massachusetts – Harvey Performance Company (“HarveyPerformance” or the “company”), a leading provider of specialized cutting tools for precision machiningapplications through industry leading brands Harvey Tool, Helical Solutions, and Micro 100, today announced the acquisition of Titan USA. Based in West Springfield, Massachusetts, Titan USA has been setting the performance standard for American-made carbide, high speed steel, and cobalt cutting tools for more than 49 years. Its expansive offering of products provide milling, micro milling, thread milling, tapping, drilling, and deburring tooling to thousands of end users across very diverse sectors of industrial manufacturing.

Titan USA’s broad assortment of great-performing, high quality, general purpose and high-performance product allows Harvey Performance Company to address an additional part of the market, to which its current lineup of brands do not currently sell. Further, the company’s best-in-class coating operation, private label program, and commitment to distribution makes Titan USA an ideal addition to Harvey Performance Company’s portfolio of brands.

“The addition of the Titan USA brand to the Harvey Performance portfolio will further accelerate our ability to assemble and build a world-class company, made up of outstanding brands and product lines,” said Pete Jenkins, CEO of Harvey Performance Company. “Like all Harvey Performance brands, Titan USA has an established reputation for providing outstanding customer service, and a dedication to manufacturing the industry’s highest quality products.”

The acquisition of Titan USA strengthens Harvey Performance Company’s ability to serve the industry.

“Our brands serve some of the most advanced and demanding end users in the industry,” said Jerry Gleisner, Harvey Performance Company Senior Vice President of Sales. “The acquisition of Titan USA will allow us to offer additional capabilities and value to our distributors and end users.”

“Titan USA is a growth business and I am convinced that this acquisition only strengthens the Harvey Performance Company,” said Jay Pauley, Managing Director of Summit Partners, the global growth investor backing Harvey Performance Company. “We are excited to welcome the Titan USA team to the Harvey Performance Company family.”

About Harvey Performance Company
Harvey Performance Company strives to offer unique and innovative products to solve the industries’ most challenging machining requirements. Its distinct brands, Harvey Tool, Helical Solutions, Micro 100, and Titan USA, serve specialty needs and markets with a shared commitment to delivering high quality products and superior service. The brands offer a broad range of products and services that help support machinists, engineers, and CNC programmers while giving their shops a competitive advantage. Harvey Performance Company has a proud history of doing business the right way – offering fast, friendly service; providing comprehensive product support; and treating customers, suppliers, and shareholders in a way that builds strategic, strong, and enduring relationships. For more information, visit www.harveyperformance.com.

Source: Harvey Performance Company