Benford Capital buys NucFil

Benford Capital has acquired Golden, Colorado-based NucFil, a maker of highly engineered, proprietary storage and safety products.

Benford Capital has acquired Golden, Colorado-based NucFil, a maker of highly engineered, proprietary storage and safety products. No financial terms were disclosed for the transaction that was in partnership with NucFil CEO Terry Wickland.

PRESS RELEASE

Benford Capital Partners Management, L.P. (“Benford Capital” or “BCP”), a Chicago-based private equity investment firm, is pleased to announce the acquisition of NucFil, LLC (“NucFil” or the “Company”) in partnership with CEO Terry Wickland, who will continue to lead the Company post-closing. The acquisition of NucFil represents the fourth platform investment in Benford Capital Partners I, LP.

Founded in 1985 and headquartered in Golden, CO, NucFil is the leading manufacturer of highly engineered, proprietary storage and safety products, used primarily by Department of Energy (“DOE”) laboratories, for safe handling, transportation, storage and analysis of nuclear material and waste. The Company’s specialized products are used in a wide range of applications including plutonium research & development, storage, transuranic waste transportation and disposal, and remediation. In addition, NucFil provides related services (gas analysis, characterization, certification, testing, and repair) on a recurring basis to numerous DOE entities.