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Rockwood Portfolio Company Ibis Tek acquires Standard Bent Glass

Date: 14 January 2019
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Rockwood Portfolio Company Ibis Tek acquires Standard Bent Glass
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standardbent.com

Date: 14 January 2019

Combined entity now is the largest supplier of transparent armor to the Department of Defense.

Rockwood Equity Partners announced today that its portfolio company, Ibis Tek, Inc. (鈥淚bis Tek鈥) () has acquired Standard Bent Glass, LLC (鈥淪BG鈥) (), the industry鈥檚 premier supplier of custom fabricated glass products, including transparent armor.

Headquartered in East Butler, Pa., SBG has been a leader in security and defense glass products for more than 30 years. Its Department of Defense product line is one of the most extensive in the country, and it provides products, including transparent armor, across numerous platforms. The company also has produced specialty glass for high profile architectural projects worldwide, including the Freedom Tower in New York City.

Based in Butler, Pa., Ibis Tek specializes in manufacturing transparent and opaque armor solutions for military vehicles, in addition to a wide range of complementary products, such as vehicle lighting and accessories. It also provides first responder vehicle customization for commercial and military vehicles.

The combined entity, a new name for which is forthcoming, now is the largest supplier of transparent armor to the Department of Defense, with significant growth opportunities in reach.

鈥淪BG is a perfect, 鈥榟and in glove鈥 strategic fit with Ibis Tek,鈥 said Ibis Tek CEO Vince Nardy. 鈥淪BG鈥檚 capability to fabricate specialty glass, together with Ibis Tek鈥檚 expertise in commercial vehicles, now provide significant opportunities to take on new programs that leverage our combined expertise in providing armored solutions to the military, as well as complementary vehicle capabilities.鈥

Mike Hartley, who served as CEO of SBG, will continue to serve the combined company as a senior advisor. 鈥15 years ago, the two neighboring companies first worked together to offer transparent armor products in support of our military,鈥 he said. 鈥淚t is exciting to see that relationship come full circle, now as a combined enterprise that will provide one-stop-shop capabilities with flat and curved transparent armor, metal fabrication, certified welding, paint and coating, electrical assembly and system integration for vehicle upfitting.鈥

Now, leadership of the combined company, which will remain a small business, will continue executing on a growth plan to leverage its capabilities in transparent armor manufacturing and technology expertise to support the Department of Defense and U.S. warfighters.

600450 Rockwood Portfolio Company Ibis Tek acquires Standard Bent Glass 黑料专区

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