Vacutech Announces Investment From Vopne Capital
New Chief Operating Officer Joins Vacutech Concurrent with Investment
SHERIDAN, Wyo., Oct. 28, 2014 /PRNewswire/ -- Vacuum Technologies, LLC ("Vacutech") announced today an investment in the company by Vopne Capital, a private investment firm based in San Francisco.
Vacutech is the leading manufacturer of central vacuum systems used for the car wash and industrial markets. The company's fully integrated product design, engineering, manufacturing and installation expertise enables Vacutech to manufacture world-class, custom-built vacuum systems unparalleled in its industry.
"Vacutech is known for manufacturing the highest quality vacuum systems for the car wash and industrial markets," said John Tucker, CEO of Vacutech. "We listened to our customers, and what we heard was their desire for greater production capacity delivered with the stellar quality and customer service that we're known for today. We selected a partner who will help us grow and who supports our focus on operational excellence. We're excited to work with Vopne Capital as we continue to invest in our customers, technology, products and employees."
"Vacutech is the industry leader," added Jim Bloom, Managing Partner at Vopne who joins Vacutech's board. "They have an exceptionally talented design and manufacturing team, the highest-quality products, and an unyielding focus on their customers. We look forward to helping the company continue its robust growth while maintaining its excellence in product quality, design and customer service."
Concurrent with Vopne's investment, Scott Kelley joins Vacutech as its Chief Operating Officer. Scott brings over 30 years experience in manufacturing operations, with past roles as Chief Operating Office of Plano Molding, VP North American Operations at Penn Engineering, VP of Global Quality at Haskel International and a consultant at AT Kearney.
About Vacutech
Founded in 1999 and headquartered in Sheridan, Wyoming, Vacutech is a world-leader in the design and manufacture of central vacuum systems used by car wash and industrial customers. Vacutech's vacuum systems are found in every state in the USA, throughout Europe, Asia and Australia. Vacutech's products are designed and manufactured at the company's facilities in Sheridan and Denver, Colorado. For more information, visit www.vacutechllc.com.
About Vopne Capital
Vopne is a San Francisco-based private equity firm investing in growing, profitable lower middle market companies. Vopne undertakes investments, recapitalizations and acquisitions of companies with strong management teams, outstanding customer service and unique products. Vopne targets a broad range of industries including: manufacturing, industrial, healthcare and business services. For more information, visit www.vopne.com.
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SOURCE Vacuum Technologies, LLC
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