SCS Acquired by Private Investment Company
August 1, 2008
OUTSOURCING NEWS
Specialty Coating Systems Inc. (SCS; Indianapolis) was sold to Berwind Corp. (Philadelphia), a private investment management company, in June. SCS was previously owned by Bunker Hill Capital LP for two and a half years, a period in which the company experienced strong growth.
SCS specializes in parylene conformal coating services and materials. In the medical device industry, the coating is used on a range of products including stents, catheters, electronics, electrosurgical tools, and cardiac-
assist devices.
Terry Bush, president and CEO of SCS, called the acquisition a seamless and exciting change. “Our core focus will continue to be an unyielding commitment to the needs of our customers and markets,” Bush said in a company statement.
SCS has nine coating plants worldwide. In addition to parylene coatings, the company also provides liquid coating systems such as spray, spin, and dip coating systems, and ionic contamination test systems.
Copyright ©2008 Medical Device & Diagnostic Industry
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