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NEWS

SMX Industrial Solutions Announces Acquisition of Preston Eastin

Littleton, Colorado – April 21, 2025 – SMX Industrial Solutions, a leader in advanced fabrication and welding solutions, is pleased to announce the acquisition of Preston Eastin, a renowned manufacturer of robotic and welding positioning systems.

This strategic acquisition enhances SMX Industrial Solutions' portfolio, further solidifying its position as a premier provider of innovative industrial solutions. Preston Eastin, founded in 1972, has a long-standing reputation for delivering high-quality, precision-engineered robotic and manual welding positioners that improve manufacturing efficiency and productivity.

Key Benefits of the Acquisition:

· Expanded Product Line: The addition of Preston Eastin's advanced positioning systems to SMX Industrial Solutions' existing offerings through Steelmax Tools and Scotchman Industries will provide customers with an expanded suite of solutions to meet diverse industrial needs.

· Enhanced Innovation: Combining the expertise and technological capabilities of these three market-leading companies will drive innovation and accelerate the development of cutting-edge products.

· Improved Customer Support: The acquisition enhances SMX Industrial Solutions’ ability to offer its customers an ever-expanding suite of fabrication solutions, ensuring long-term satisfaction and success.

"We are thrilled to welcome Preston Eastin to the SMX Industrial Solutions family," said Kevin Allen, CEO of SMX Industrial Solutions. "This acquisition aligns with our commitment to providing superior products and services that drive productivity and innovation in the metal fabrication industry. Together, we will continue to support our customers with the highest quality solutions."

Preston Eastin's operations will continue to be led by Gary Gamino and his talented team in their current Tulsa, OK, location, ensuring a seamless transition for employees and customers alike. “My team and I are excited to be joining the SMX family and look forward to helping them accomplish their mission to provide innovative, industry-leading solutions to our customers.” said Gary Gamino.

SMX Industrial Solutions is an Emko Capital portfolio company and Emko continues to actively support and help guide SMX Industrial growth initiatives. “Emko Capital is thrilled to support the addition of Preston Eastin to the SMX family and SMX Industrial’s continued growth and success, and we look forward to helping them achieve great things in the future,” said Dean Emmerton, Managing Partner of Emko Capital.

Emko Capital, with offices in Charlotte, NC, and Philadelphia, PA, is a leading middle market private equity firm specializing in investments in American industrial companies. With a strong belief in the value and strength of American manufacturing, Emko partners with business owners to create value and long-term success.

For media inquiries, please contact:

W. Douglas Williams | doug.williams@steelmax.com | 720.763.9421

Kent Bradley | kent@scotchman.com | 605.859.2542

Jarrod Kopp | jkopp@prestoneastin.com | 918.834.5591

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