Oasis Materials is one of several recent acquisitions by Fralock Holdings aimed at increasing the company's capabilities and technical offerings serving high-reliability markets, and it fills an important role in the company's long-term growth strategy.
FREMONT, CA: Fralock Holdings, (an Arsenal Capital Portfolio Company), a leading developer and manufacturer of engineered advanced materials solutions for critical applications, announced the acquisition of Oasis Materials, a global leader in rapid temperature transition applications used in semiconductor, medical, aerospace, defense, and other applications.
Oasis Materials' technical ceramic solutions are considered some of the most highly engineered active and passive solutions available on the market today, built around their leading capabilities in multi-layer metallization and a broad range of ceramic manufacturing capabilities. This acquisition will enable Fralock Holdings to incorporate Oasis Materials' technology into its existing suite of products to offer a wider variety of solutions for customers seeking cost-competitive ways to augment precision thermal management in critical applications.
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"The acquisition of Oasis Materials enables us to offer more alternatives, especially in active thermal applications that can significantly improve our customer's products and their bottom line," said Marc Haugen, CEO, Fralock Holdings. "This investment moves us closer to realizing our vision to become one of the world's leading providers of engineered advanced materials solutions for critical applications."
Fralock Holdings' applications are used in various ways that impact our lives, from the equipment used to manufacture silicon wafers to medical treatment, imaging and patient monitoring, and defense applications, satellite and spacecraft components. All of these end markets can benefit from the technology developed by Oasis Materials.
"Marc Haugen and his technical and management team have built an incredible organization that has the vision and the expertise to build upon what we've created," said Frank Polese, President, Oasis Materials. "We are thrilled to become a part of the Fralock Holdings organization, and look forward to supporting their continued growth and expansion."
The acquisition adds nearly 100 new team members with notably strong engineering depth and builds upon Fralock Holdings' deep technical expertise and bench strength. The organization's total staff will increase to approximately 500 employees.
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