March 20, 2025 – Triscend Partners is pleased to announce that Techniques Surfaces Holdings, SAS, a HEF Groupe company (“HEF”), has acquired 100% of the outstanding shares of Vergason Technology, Inc. (“VTI” or the “Company”).
Located in Van Etten, NY, VTI is a leading provider of Physical Vapor Deposition (PVD) technology solutions, offering both coating equipment and services. The Company’s portfolio includes sputtering, thermal evaporation, and cathodic arc deposition technologies for a variety of metalizing and hard coating applications across the automotive, aerospace, medical, cutting tool, and electronics sectors.
VTI will continue to be led by its current President, Josh Soper, who stated, “We are excited about HEF Groupe’s acquisition of VTI. This marks a significant milestone in our journey and opens up new opportunities for growth and innovation. Joining forces with HEF will enhance our ability to serve our customers and expand our PVD equipment and coating offerings. We are grateful for the support of our employees, customers, and partners, and we look forward to a bright future together.”
“After 39 years of building this business, it became more than just a company—it was a family,” said Gary Vergason, Founder and retired CEO of VTI. “Finding the right home for our employees and ensuring that the legacy we built would continue was my top priority. John Mosser of Triscend Partners truly understood that. His expertise in our industry and ability to connect us with the right buyer made all the difference. His strategic approach and unwavering commitment set him apart.”
Triscend Partners served as the exclusive sell-side investment banker to VTI. James Jolley of Smith Anderson acted as lead legal counsel to VTI for the transaction.
