“The addition of Quantum is another example of Highlander's ongoing strategy of executing strategic add-on acquisitions that expand our portfolio companies' product offerings and market share,” commented Mike Nicolais, Chairman of Twitchell and CEO of Highlander Partners.

“This is our second acquisition in the last twelve months and Twitchell is well positioned to continue supplementing its organic growth with M&A opportunities. We are excited about this combination and we are fully committed to continue our strategy of building a leading specialty materials company.”

Quantum

Founded in 1985, Quantum is a vertically integrated yarn and fabric manufacturer with expertise in mono- and multi-filament yarns and possessing extensive yarn preparation processes, including warping, texturizing and twisting fibres, producing a wide variety of engineered performance characteristics, patterns and textures. 

Examples include fabrics with unique performance characteristics for a wide range of uses like the Pellicle fabric for the iconic Herman Miller Aeron chair and the roof fabric in use today on Centre Court at the Wimbledon Tennis Center. Quantum's facilities, located in Colfax, NC, are ISO 9001 and ISO 14001 certified and all of the company's products are manufactured in the USA. 

Founder Jeff Bruner, who started the business to provide unique technical solutions, will remain with Quantum as General Manager. He is a continuing shareholder and will join the Twitchell management team as Chief Technology Officer. "I am pleased to be joining forces with the people and business of Twitchell to continue Quantum's focus on innovation and growth as we leverage our combined technologies into new and exciting products," said Jeff Bruner.

Strategic positioning

"We are thrilled about the addition of Quantum's technology, products, customers and people to our growing platform of technology driven specialty materials," said Jeff Register, Twitchell's CEO.

"The acquisition of Quantum expands our reach into complementary categories and strengthens Twitchell's technological expertise and strategic positioning. Like Twitchell, Quantum takes a customer-centric approach, providing customers with leading-edge fabric technology, superior service and customized solutions, and the two organizations are a great cultural fit. We are looking forward to partnering with Jeff Bruner, a recognized leader in the industry, and his team and continuing Quantum's culture of innovation."

www.twitchellcorp.com