Madison Lake Capital Completes Strategic Bolt-On Acquisition, Expanding Its Industrial Finishings Platform

April 10, 2026 [Madison, Wisconsin]: Madison Lake Capital, a Madison (Wisconsin)- based private equity firm, has acquired Perfection Industrial Finishing (“PIF” or the “Company”), an Arizona-based industrial surface finishing company with facilities in Phoenix (AZ) and Tucson (AZ). The transaction further strengthens MLC's existing Industrial Coatings Platform. Financial terms of the private transaction were not disclosed.

Founded in 2009, PIF is one of Arizona's leading metal-finishing companies. Operating from two locations, the Company serves a diverse range of industries, providing high-quality metal-finishing services to local and national manufacturers in the defense, aerospace, industrial, and commercial sectors for more than 16 years.

PIF's industry-leading quality standards, recognition on top shops lists, and comprehensive array of certifications—including NADCAP, ITAR, CMMC, and ISO—position the Company to capitalize on growing demand from defense and data center projects. PIF's tenured employee base and deeply rooted customer relationships will be integrated into the broader platform as part of a unified national firm poised for continued growth.

Akhil Remesan, Partner at Madison Lake Capital, commented, "We are very excited to expand our Industrial Coatings Platform. Through the acquisition of Perfection Industrial Finishing, we will be able to serve more customers across additional geographies and sectors. We look forward to partnering with the team to build on the solid foundation the previous owners have established."

Charles Zinke, former Owner of PIF, added, "The experience throughout the initial stages, due diligence, closing, and early transition has been overwhelmingly positive and thoroughly professional. The team is very comfortable with this change and excited about what the future holds."

About Madison Lake Capital

Madison Lake Capital (MLC) is a private equity firm specializing in lower-middle-market buyouts, headquartered in Madison, Wisconsin. MLC’s core investment thesis centers on identifying businesses with compelling value-creation potential. MLC works with management teams to achieve organic growth by implementing tailored, best-in-class technology solutions and processes, irrespective of sector. The firm’s acquisition approach is a commitment to honoring each seller's desire for a seamless transition—one that preserves the company's culture and safeguards its people's well-being.  For additional information, visit www.madisonlakecapital.com.