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Texas Growth Fund Buys Turnkey Operation in Expansion Focus

AUSTIN-The Texas Growth Fund, one of the largest and most active private equity investors in the Southwest, has acquired Kerrville-based Qualified Metal Fabricators Inc.

By Connie Gore | Updated on September 28, 2000

AUSTIN-The Texas Growth Fund, one of the largest and most active private equity investors in the Southwest, has acquired Kerrville-based Qualified Metal Fabricators Inc. through its EM Holding Corp., a Dallas-based operation formed to execute a growth strategy in outsourced electromechanical products and services.

The Texas Growth Fund is managed by TGF Management Corp., based here. The holding company will use the acquired business, founded in 1978, as its platform facility in the southeastern US as it scours for expansion opportunities in northeastern and western sections of the country. Qualified Metal Fabricators provides turnkey services for telecommunications, medical and industrial markets.

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