Netform, a Torque Capital Group portfolio company, announced today that it has completed its merger with Lavalier Corporation (dba “Tapemaster” or the “Company”), a provider of precision machining services specializing in high-quality, complex parts for the aerospace, defense, automotive and industrial sectors.
The merger expands Netform’s highly engineered, automated and advanced manufacturing platform with precision CNC milling, turning, grinding, and inspection capabilities that will allow customers to work with one partner from initial formation through final machining and inspection. The addition of Tapemaster’s capabilities, including the Company’s AS9100D certification, will create new opportunities for the combined business, particularly in aerospace and defense, and strengthen support for existing transportation / vehicle programs that rely on vertically integrated manufacturing.
Mike Putz, CEO of Netform, added: “Tapemaster’s precision machining excellence and strong presence in aerospace and defense align perfectly with our focus on precision, innovation and quality manufacturing of highly engineered critical products and components. Together, we will deliver expanded capabilities to our customers, driving advancements in both traditional and emerging markets.”
“This is an exciting opportunity for the entire Tapemaster team and our blue-chip customer base. Our partnership with Netform provides important strategic resources allowing us to better serve and grow with our customer base. The Torque and Netform teams provide the cultural and long-term focus our employees and customers deserve.” commented Tom Laviolette, Tapemaster’s President and Owner.
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