Mitch Clark, president and CEO of Texas-based Tomcat Global, Inc. announced today that he has signed an agreement selling the stock and assets of the company to UK based The Vitec Group plc.
Tomcat, a manufacturer of staging and lighting support equipment for the entertainment industry, has called Midland its international headquarters since the company’s founding in 1987. The company boasts as clients some of the biggest names in entertainment including the Rolling Stones, U2, Janet Jackson, Disney, and Cirque du Soleil.
“I am very excited about this acquisition. It will not only create a great partnership between two very strong organizations, but will give Tomcat greater opportunities to invest in additional manufacturing technologies, infrastructure and other assets that will help us continue providing the highest quality products at the best possible price to our customers around the world,” says Clark. “In addition, the acquisition allows us to accelerate our goal of Far East expansion.”
Tomcat Global is the parent company to Tomcat USA, the largest of its manufacturing facilities, established in 1987, Tomcat UK, Ltd. located in Wirral, United Kingdom, established in 1996; Tomcat de Mexico in Guadalajara, Mexico, established in 1999; and Tomcat's sister company Brilliant Stages in Hitchen, Herts, United Kingdom specializing in custom staging fabrication, acquired in 1998. The company also has two distribution hubs; one in Las Vegas, NV and one in Nashville, TN where the company plans to expand its manufacturing capabilities.
Gareth Rhys Williams, chief executive of Vitec, says, “I am delighted to announce this acquisition. Tomcat is an incredible company that enhances our portfolio of leading brands. Combining the strength of the Tomcat brand with our other growth businesses in this field, Litec and Clear-com, is a strategic step which will enhance our position as a leading supplier to the entertainment industry.”