REPRESENTATIVE EXITS

Iracore International

Hibbing, Minnesota

Business Services & Engineered Products


Business Description

Iracore International is a developer, manufacturer and applicator of elastomeric products designed to protect against corrosion and abrasion. With over 60 years of history and locations in the US and Canada, Iracore serves customers in numerous industries including mining, oil and gas, aggregates, power generation, transportation and heavy equipment.

Company News

VALUE CREATION

Over the course of its investment, Thompson Street Capital Partners helped Iracore expand its sales and marketing programs, driving adoption of the company's differentiated products. TSCP helped increase Iracore's manufacturing capacity to support the company's sales growth and assisted in planning and effecting a smooth leadership transition from founder to executive management. Together, these initiatives helped position Iracore as the premier supplier of elastomeric piping solutions to customers in the Canadian oil sands and in other markets.