Bolttech Mannings, a portfolio company of Grey Mountain Partners, has acquired Bone Frontier, a designer and manufacturer of heat induction equipment.
Bone Frontier designs, develops, manufactures, and services heat induction equipment utilized in power plants, petrochemical facilities, refineries and other process-intensive settings. The company is headquartered in Brighton, CO (www.bonefrontier.com).
“We are very enthusiastic about the Bone Frontier acquisition and expect the company’s technical expertise and industry leading heat induction equipment to enhance the products and services Bolttech Mannings provides to its customers. This combination will further Bolttech Mannings’ position as a pioneer in thermal technologies used in critical maintenance and repair operations,” said Beth Lesniak, Vice President of Grey Mountain.
Bolttech Mannings provides maintenance and emergency joint integrity services in the power generation, refinery, and petrochemical markets. The company has 23 field offices located throughout the U.S. and is headquartered in New Versailles, PA (www.bolttech.com).
“The combination of Bolttech Mannings and Bone Frontier is an excellent opportunity to capitalize on the strengths of both organizations,” stated David and Marla Bone, Vice President and President of Bone Frontier. “We look forward to being a catalyst for continued growth of Bolttech Mannings’ innovative products and services.”
Grey Mountain Partners invests in middle market companies with enterprise values between $30 million and $150 million. The firm is based in Boulder, CO (www.greymountain.com).
