December 22, 2016 – Calibre Group, LLC through its affiliate Calibre Capital Management II, LLC
Calibre is pleased to announce its investment in Material Sciences Corporation (“MSC”), a leading provider of material-based solutions for acoustical, lightweighting and coating applications. Calibre closed its purchase of a minority position in the management sponsored buyout of the company.
The MSC investment fits perfectly with Calibre since we have extensive experience with the Company going back many years and James Tumulty has joined the board of directors at MSC. We are thrilled to have it as a portfolio investment. We look forward to working with our partners on the management team to help the company thrive and grow.
About Material Sciences
Material Sciences is a diversified global company that brings technology, innovation and service together. Headquartered in Canton, Michigan, the company operates several state-of-the-art processing facilities across the Midwest. They are known world-wide for their innovations in light-weight, acoustical and coated coil products. Through a dynamic and customer-centric focus, a satisfied customer remains their guiding principle as producers of high quality painted and laminated products for over 60 years
Since 1951, MSC has been championing innovation in quality, flexibility and cost effectiveness to the automotive, construction and consumer goods industries. From developing a new line of acoustical metal solutions to addressing new standards in automotive lightweighting design to running the world’s most robust electrogalvanizing services, MSC has a long history of revolutionizing metals solutions and technologies.
About Calibre Group
Calibre Group LLC is a manufacturing focused merchant bank based in Pittsburgh, PA that combines the advisory experience of Jim Tumulty and his team with capital from a small investor group. Calibre provides a full range of advisory services and investment capital for manufacturing companies with a focus on steel service, paper and forest product industries in the United States.
Calibre’s investment strategy is to target companies with the potential for transformation where our experience and expertise provide opportunities to unlock value through the creative combination of capital, operational improvement and active partnership with management.