Berwind

Berwind is a fifth-generation, family-owned investment management company based in Philadelphia, Pennsylvania. It operates through two primary entities: Berwind Natural Resources Corporation and Berwind Financial Group. The Natural Resources division focuses on land and resource management, owning, leasing, developing, and selling mineral resources, particularly natural gas and coal, in states like Pennsylvania, Kentucky, Virginia, and West Virginia. Founded in 1962, this division has its roots in the Berwind-White Coal Mining Company. Meanwhile, Berwind Financial Group serves as an equity investor and investment banking firm, specializing in middle-market companies. It provides a range of services, including equity investments, mergers and acquisitions advice, and financial strategy. The firm emphasizes a personalized approach and agility, catering to the unique needs of its clients across various industries.

Peter Askey

Principal

Charlie Lewis

Senior Vice President, Corporate Development

John Newtin

Co-Founder

Laurence Norton Jr.

Managing Director

Mark Sylvester

Managing Director, Alternative Investments

2 past transactions

TASI

Acquisition in 2014
TASI is a global provider of engineered test, measurement, inspection, and automation solutions tailored for mission-critical applications across the Americas, Europe, and Asia. The company aims to enhance customer productivity by lowering manufacturing costs, minimizing rework, improving quality and reliability, and accelerating time to market. TASI serves a diverse clientele spanning various industries, including transportation, industrial, life sciences, energy, food and beverage, and consumer goods. Headquartered in Cincinnati, Ohio, TASI operates through four strategic business segments that emphasize Product Integrity, Package Integrity, Automation, and Flow. Its offerings include advanced test and inspection systems, flow meters and control products, measurement instrumentation, and automated assembly and test systems.

Specialty Coating Systems

Acquisition in 2008
Specialty Coating Systems, Inc. specializes in parylene conformal coating services and technologies catering to various industries, including medical devices, electronics, automotive, military and aerospace, LEDs, and elastomers. Established in 1971 and based in Indianapolis, Indiana, the company provides a comprehensive range of services, such as parylene coating, liquid and plasma coatings, and multi-layer conformal coatings. Additionally, Specialty Coating Systems manufactures and sells parylene deposition systems, spray and spin coating systems, dip coating systems, and ionic contamination test systems, enabling clients to meet stringent specifications and requirements. With a global footprint that includes locations in the United States, Costa Rica, the United Kingdom, the Czech Republic, Ireland, Singapore, and Japan, Specialty Coating Systems operates as a subsidiary of KISCO Ltd. The company's commitment to precision and quality positions it as a leader in the coating industry.
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