Granite Creek Announces Investment in Matheson Industrial

Granite Creek and Columbia Basin Partners announce the acquisition of Matheson Industrial, a specialty provider of industrial coating and surface treatment services to industrial and public sector customers across the Western U.S.

Matheson's technical services are essential to maintaining, repairing, and protecting critical infrastructure and facilities operating in demanding, regulated environments.

"Matheson Industrial represents exactly the type of company we look to support: a well-established service provider with a strong reputation, experienced leadership, and a clear opportunity for continued growth," said Peter Lehman, Co-Founder and Partner at Granite Creek Capital Partners. "The company's long-standing customer relationships reflect the quality of its work, and we look forward to supporting MPI by building on that strong foundation."

"In addition to a nearly 15-year relationship with Granite Creek, the firm's prior experience with service-driven, infrastructure-focused businesses made them the right partner for this transaction," said Brady Dolsen, Principal at Columbia Basin Partners. "We're excited to help Matheson continue pursuing growth while the company keeps protecting the critical assets that its customers rely on."