GracoRoberts Announces Strategic Investment from Tinicum

Partnership Will Accelerate GracoRoberts' Growth as a Trusted Supplier of Mission-Critical Materials to the Global Aerospace and Defense Industry

ARLINGTON, Texas, July 23, 2026 /PRNewswire/ -- GracoRoberts ("GracoRoberts" or the "Company"), a leading value-added distributor of specialty chemicals and advanced composite materials to the aerospace and defense industry, today announced a strategic investment from Tinicum, L.P. and affiliated funds managed by Tinicum Incorporated ("Tinicum"). GracoRoberts' management team is retaining a significant interest in the Company and will continue to lead the business.

Headquartered in Arlington, Texas, GracoRoberts is the largest, fastest and most technically-focused specialty chemicals distributor serving the global aerospace & defense market. The Company supports customers through an omnichannel model that combines industry-leading eCommerce capabilities with highly specialized technical sales expertise. It offers a broad range of adhesives, sealants, coatings, composites, and other specialty chemicals, paired with unmatched technical support and customer service.  Additionally, the Company provides a defense logistics and compliance program offering end-to-end supply chain management for military operations, along with value-added services such as custom kitting, labeling, repackaging, cold storage, and vendor-managed inventory solutions.

"Tinicum shares our commitment to our people, our partners, and the long-term success of this business," said Jason Caldwell, Chief Executive Officer of GracoRoberts. "This partnership provides additional resources to invest in our team, strengthen our capabilities, and continue delivering exceptional value to the customer and supplier partners we serve. We are incredibly proud of what our employees have built over the past decade alongside financial partner CM Equity Partners, and we are excited to build on that foundation in this next chapter of growth."

"We greatly admire the business that the GracoRoberts team has built. It is distinguished by the team's technical depth, unwavering commitment to customer service, and longstanding partnerships with the world's leading material manufacturers," said Erik Blumenkranz, Partner at Tinicum. "We intend to invest behind that foundation with a long-term mindset — in the people, the capabilities, and the platform," added Roddy Cruz, Partner at Tinicum. "It is exactly the kind of durable, market-leading business we seek to partner with."

"It has been a privilege to partner with the GracoRoberts management team over the past 11 years," said Jeffrey Mark, Managing Partner at CM Equity Partners. "Working together, we executed a value creation strategy centered on strategic acquisitions, operational excellence, and sustained organic growth, transforming GracoRoberts into the market-leading company it is today. We are proud of what the team has accomplished and believe the Company is exceptionally well positioned for continued success with Tinicum."

Financial terms of the transaction were not disclosed. Harris Williams served as exclusive financial advisor, and Holland & Knight LLP served as legal counsel to GracoRoberts and CM Equity Partners. Goodwin Procter LLP served as legal counsel to Tinicum.

About GracoRoberts

GracoRoberts (www.gracoroberts.com) is the largest, fastest, and most technically-focused specialty chemicals distributor serving the global aerospace & defense market. As a full-service supplier of complex engineered materials for aerospace and defense segments, composites, electronics, and other advanced manufacturing industries, GracoRoberts is fully AS, ISO, and CMMC II certified and authorized to distribute over 50 specialty chemical brands including 3M, AkzoNobel, Eastman, ExxonMobil, Henkel, Hexcel, Huntsman, Momentive, Resin Formulators, and more. The Company — made up of parent GracoRoberts, Silmid, SkyGeek, Pacific Coast Composites, and Sky Mart — serves thousands of customers worldwide and differentiates by adding value: services include world-class eCommerce, global distribution, custom formulation, specialty packaging, vendor managed inventory, intermix and kitting services, defense logistics and compliance, and an on-site, staffed chemical laboratory and testing facility.

About Tinicum

Tinicum, founded in 1974 as a family investment office, is a private partnership that manages a diversified group of manufacturing, distribution, and industrial technology companies. It seeks to be the trusted partner of business owners and executives who share its belief that long-term prosperity can be created by teams of capable, honest people working together and investing diligently to fulfill the potential of great businesses. For more information, visit www.tinicum.com.

About CM Equity Partners

CM Equity Partners ("CMEP"), based in New York, NY, provides capital to the US Federal government solutions and aerospace and defense industries. Founded in 1992, CMEP partners with management teams to build enduring value by leveraging its industry knowledge, relationships, operating experience, and its corporate finance, M&A, and private equity expertise. CMEP employs an active and collaborative management approach, developing long-term strategic plans and guiding decisions on re-investment of profits to grow and broaden a company's revenue base and capabilities. CMEP's investments are structured with flexibility across a broad spectrum of the capital structure, including equity, structured equity, and mezzanine debt. For more information, visit www.cmequity.com.

Media Contact

Allison Lombardo
Chief Marketing Officer
GracoRoberts
alombardo@gracoroberts.com

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GracoRoberts Announces Strategic Investment from Tinicum

Enterprise AI and revenue-scaling veteran brings more than 25 years of go-to-market leadership to drive Plume's next phase of growth across a global ISP footprint

PALO ALTO, Calif., July 23, 2026 /PRNewswire/ -- Plume Design, Inc. ("Plume"), the global subscriber experience platform trusted by more than 450 Internet Service Providers across 58 countries, today named Peter Wulfraat as Chief Revenue Officer, reporting directly to CEO Dan Herscovici. The appointment is a strategic investment that reflects the company's current market momentum and the growing global demand for its platform. In this newly created role, Wulfraat will lead Plume's worldwide go-to-market strategy, sales operations and partner engagement as the company enters its next phase of commercial expansion.

"Peter brings a rare combination of an ability to articulate complex platform value to global C-suite decision makers, the operational discipline to lead high-performance global sales teams and a firsthand understanding of how AI transforms the customer experience," said Mr. Herscovici. "We've built the industry's only unified, AI-powered platform that integrates managed WiFi, cybersecurity and customer care on behalf of our ISP partners, and we've proven it at scale across 50 million homes and 600 million devices worldwide. Peter's addition to our senior leadership team sends a clear signal to our ISP partners that we are investing aggressively in the relationships and commercial capabilities that will help drive their growth. His experience building and leading go-to-market organizations across international markets directly complements the global scale at which Plume operates and the expansion ahead of us."

Mr. Wulfraat brings more than 25 years of experience selling and scaling enterprise AI and customer experience solutions to global brands across telecommunications, financial services and healthcare, with go-to-market leadership spanning North American, European and Asia-Pacific markets. Most recently, he served as Global Chief Revenue Officer at Kore.ai, where he drove six times (6X) growth in annual recurring revenue while leading a 150-plus person go-to-market organization. Prior to Kore.ai, he held senior revenue and solutions leadership roles at Intrado Corporation and Nuance Communications, building deep expertise at the intersection of AI-driven automation and large-scale customer experience transformation.

"The combination of an unrivaled customer dataset with proven AI orchestration and engagement capabilities powerfully sets Plume apart in the industry, particularly as we support the complete customer journey, helping ISPs reduce churn, increase ARPU and build subscriber confidence," said Mr. Wulfraat. "I've spent my career helping enterprises unlock revenue potential through AI-driven platforms. Plume is delivering the intelligence layer that will define how ISPs compete for the next decade. I'm thrilled to work alongside Dan and this exceptional team to accelerate Plume's growth with ISP partners around the world."

Mr. Wulfraat's appointment comes as ISPs worldwide are shifting from competing on speed and price to differentiating on the subscriber experience. Plume's open, hardware-agnostic platform, powered by an unmatched global dataset, enables ISPs to build subscriber confidence through stable connectivity, seamless services, intuitive engagement and the lowest cost to serve. By unifying intelligence, orchestration and engagement on a single platform, Plume provides ISPs with one source of truth for managing and improving every dimension of the connected home.

Mr. Wulfraat will be meeting with Plume ISP partners and prospects at The Independent Show, hosted by NCTC and ACA Connects, July 26–29 at Walt Disney World Resort in Orlando, Florida. ISP executives attending the show are invited to meet with Wulfraat and the Plume team at booth #517 to discuss how the Plume Platform is helping operators build subscriber confidence, drive operational efficiency and unlock new sources of revenue.

About Plume
Plume created the first managed WiFi platform for Internet Service Providers (ISPs) in 2016, enabling the company to scale across the globe and expand into managing the entire subscriber experience, including approximately 600 million connected devices, in 50 million homes, on behalf of more than 450 ISPs, across 58 countries. By integrating managed WiFi, cybersecurity and customer care, Plume created the first open, hardware-agnostic SaaS Subscriber Experience Platform for ISPs. Powered by an unmatched global dataset and AI optimization, the Plume Platform builds subscriber confidence through improved WiFi experiences, seamless new service implementation and proactive customer care. Plume's open-source framework OpenSync® is pre-integrated and supported on the leading silicon, CPE and platform SDKs, and supports leading industry standards like RDK-B and prplWave. Discover more at www.plume.com.

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Plume Names Peter Wulfraat Chief Revenue Officer to Accelerate Global ISP Growth