PCE Announces the Sale of T&E Industries

PCE Investment Bankers, a leading financial services firm specializing in mid-market transactions, is pleased to announce the sale of T&E Industries Inc. (T&E) to Carco PRP Ltd. through its U.S. subsidiary, Columbia Holdings, Inc. PCE acted as the exclusive financial advisor to T&E.

Established in 1960, T&E is a leading provider of glass-to-metal seals and hermetic sealing solutions located in Orange, New Jersey. The company serves key industries such as Aerospace, Defense, Semiconductors, Medical Equipment, and Industrial Electronic Systems.

Carco PRP Ltd., with over a century of expertise, is a global leader in fluid sealing solutions for critical applications. The company operates an extensive network of production and distribution facilities across Europe, North America, and Asia

The addition of T&E Industries to the Carco group strengthens Carco's position in the mission-critical sealing market, with a focus on the Aerospace & Defense, Semiconductor, and Medical Equipment sectors. T&E’s entire management team, including long-serving CEO Ed McEntee, who has been with the company for over 40 years, will remain in their roles. The company will continue to operate under its own brand, retaining its strategic independence.

Ed McEntee, President of T&E Industries, expressed his enthusiasm about the acquisition: “Joining the Carco PRP family allows us to continue delivering high-quality, mission-critical sealing solutions while expanding our capabilities. PCE’s support throughout the transaction was invaluable—they provided many excellent options and were a valuable partner throughout this process."

Michael Rosendahl, Managing Director at PCE, remarked, “We are proud to have represented T&E Industries in this strategic acquisition. Carco PRP is a perfect fit for T&E, and the partnership will enhance their position in the high-tech sealing market.”

About T&E Industries: T&E Industries is a premier provider of glass-to-metal seals, brazing services, hermetically sealed connectors, and feedthroughs. With over 30 employees, T&E serves mission-critical markets including Aerospace & Defense, Semiconductors, and Medical Equipment.

About Carco PRP Ltd.: Carco PRP, headquartered in the UK, is an international leader in fluid sealing solutions for critical applications. With operations across the U.S., Canada, Europe, and Asia, Carco PRP generates approximately $225 million in revenue annually. The acquisition of T&E strengthens its capabilities in high-tech sealing solutions.