Proprietary Highly Engineered Products: Dexmet designs and builds custom production equipment allowing the company to expand thin films and foils up significantly wider than its competitors.

Competitive Position: Sole source provider to virtually all its customers with the largest capacity in this niche industry.

Favorable Market Trends: Potential for dramatic growth driven by commercial aerospace adoption of greater use of composites. In this application, Dexmet’s expanded thin foils provided lightning strike protection for composite airframe panels.

Custom Product Offering: Virtually all revenues were generated from custom engineered products tailored to specific applications.

Untapped Growth Potential: Similar to many MCM portfolio companies, Dexmet grew predominantly through word of mouth and invested very little in new business development efforts.

Comprehensive Business Development Plan: Invested greater resources in marketing (website, SEO, personnel, tradeshows, etc.) resulting in substantial new product applications and customers.

Entered New Markets: The company entered numerous new markets for the first time during MCM’s investment period including wind turbine blades and propane gas lines, cathodic protection for bridge and pier pilings, thin film solar panel interconnects, high temperature filter elements, and most notably, lightning strike protection of composite airframe components, including long-term sole source agreements with major aerospace OEMs.

New Facility: Moved into a modern facility without any interruption to operations or customer service resulting in significant savings and substantial marketing benefits.

Strengthened Management Team: Appointed CEO well-versed in commercialization of highly engineered materials and recruited a VP of Sales, VP of Engineering, and Controller.