ShoreView Industries Buys Tex Tech

Tex Tech Industries was sold to ShoreView Industries. Financial terms weren’t announced. Peninsula Capital Partners was the seller. Portland, Maine-based Texas Tech develops and makes engineered, high-performance materials for niche applications. BlackArch Partners, which advised Texas Tech, announced the sale Monday.

ShoreView Recaps Abrasive Products & Equipment

ShoreView Industries has sponsored a recapitalization of Abrasive Products & Equipment LLC, a Deer Park, Texas-based distributor of portable air blast and related equipment for the Gulf Coast Region. No financial terms were disclosed, except that Amalgamated Capital provided a senior secured credit facility.

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