Barings Supports Behrman Capital in its Acquisition of Metallizing Service Company

CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world’s leading alternative investment managers, announced today that it served as lead agent of senior secured credit facilities to support Behrman Capital in its acquisition of Metallizing Service Company (“MSC” or “The Company”).

Metallizing Service Company is a leading provider of customized protective coatings solutions primarily for commercial and military aerospace engine applications.

“Barings is excited to partner with Behrman Capital through the acquisition of Metallizing Service Company, and we look forward to continuing to support Behrman with financing solutions across future acquisitions,” said Steve Jarvis, Managing Director in Barings’ Global Private Finance Group. “Metallizing Service Company is a differentiated, leading player in the protective engine coatings space and we are impressed by the business’ ability to continue to drive value through its mission critical coatings solutions.”

Grant G. Behrman, Managing Partner of Behrman Capital, said, “MSC is a highly attractive business with deep process know-how, a market-leading reputation for quality, and serves a critical role in the aerospace and defense supply chain. The Company’s technical capabilities, long-standing customer relationships, and qualification-driven positions create a durable foundation for growth. We look forward to partnering with the management team to support MSC’s next phase of evolution, including through continued investment in existing capabilities, capacity, and strategic expansion into adjacent surface technologies and finishing services organically and through M&A.”

About Barings

Barings is a $481 billion* global alternative asset manager that partners with institutional, insurance, and wealth clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual, seeks to deliver excess returns by leveraging its global scale and capabilities across credit, real assets and capital solutions.

*As of March 31, 2026

About Metallizing Service Company

Founded in 1940 and headquartered in West Hartford, Connecticut, Metallizing Service Company is an OEM-qualified provider of highly engineered coating solutions for aerospace, defense, and industrial applications. Using advanced processes such as plasma spray and HVOF, the Company helps customers meet critical component performance requirements, including thermal protection, wear resistance, and sealing. MSC serves commercial aerospace, military, industrial gas turbine, and business aviation end markets. For more information, visit https://www.mscplasma.com/

About Behrman Capital

Based in New York City, Behrman Capital was founded in 1991 by Grant G. and Darryl G. Behrman. The firm invests in management buyouts, leveraged buildups and recapitalizations of established growth businesses. The company's investments are focused in three industries: Defense and Aerospace, Healthcare, and Specialty Industrials. The firm has raised $4.3 billion since inception and is currently investing out of its seventh fund. For more information, visit https://www.behrmancap.com/