MAG Capital Partners portfolio company Superior Concrete Products acquires AFTEC

Dallas-based MAG Capital Partners, through its portfolio company Superior Concrete Products, has acquired Advanced Forming Technologies LLC (AFTEC), based in Salt Lake City.

AFTEC is a designer and manufacturer of precast concrete wall forming systems and a U.S. supplier of noise, security and perimeter walls for diverse commercial construction projects.

“AFTEC is known for pioneering highly defined formed texture finishes on both sides of precast concrete walls and setting new standards in the industry with its innovations,” MAG said in announcing the deal. “The company’s adaptability to customer-specific needs and its efficient nationwide service model ensures timely product delivery.”

“The acquisition of AFTEC expands Superior Concrete Products’ offerings and its geographic reach to meet increasing demand from data center, infrastructure and new construction developments,” said Dax T.S. Mitchell, a MAG principal. “AFTEC’s patented systems and reputation perfectly complements Superior Concrete Products’ business.”

“The combined resources of Superior Concrete Products and AFTEC create a powerful force in the precast concrete industry,” said Ryan Alarcon, president of Superior Concrete Products. “The acquisition signifies our ongoing commitment to innovation and growth as we continue to deliver high-quality solutions to clients across various sectors, including power and energy.”