XFS Global Acquires HeyTex USA (Bondcote Performance Textiles)

October 3, 2024

XFS Global, LLC has acquired HeyTex USA, Inc., which has been renamed Bondcote Performance Textiles, LLC. The Pulaski, Virginia-based manufacturer of coated and laminated performance fabrics (≈60 employees) will operate under XFS Global as part of a vertical-integration strategy to strengthen shelter solutions for military and commercial customers; the transaction was financed with assistance from Lake Country Capital (LC2).

Buyers
XFS Global, LLC
Targets
Bondcote Performance Textiles, LLC (formerly HeyTex USA, Inc.)
Industry
Manufacturing
Location
Virginia, United States
Transaction Type
Buyout

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