Goff Capital announced today the acquisition of Omega Research Inc., an engineering and testing laboratory serving the metal finishing and processing industry with special emphasis toward aircraft and aerospace related plating processes. Formerly in Austin, the Omega Research operations relocated to a larger and purpose-built facility in Euless as of Monday January 15. The company has more than 50 employees.
No price for the transaction was released. Formed in 1984, Omega Research is the world’s largest hydrogen embrittlement testing laboratory, according to a news release. The company also provides test services and materials-related consulting utilizing proprietary testing methods, controls and innovative equipment design to maximize the accuracy of results.
Omega’s chief engineer and founder, W. Craig Willan, will remain with the company.
“I am pleased to be part of a company transition to new and energetic individuals guided by the business acumen of John Goff. John brings a rich history of investing in established technologies while at the same time nurturing the development of new ideas,” Willan said.
Through other investments, Goff Capital has prior experience serving the aerospace industry.
“Our team is excited to work with Craig, who built this business, to expand capacity, scope and customer-focused services” said John C. Goff, founder & Chairman of Goff Capital. “As the aerospace super-cycle continues to attract investors, our priorities remain uniqueness of capability, criticality of function and premier quality. Omega Research has all these traits alongside an impressive roster of customer relationships from small, privately-owned plating houses to the largest of OEMs.”
http://www.omegaresearchinc.com/