NEW YORK--(BUSINESS WIRE)--Eppinger Technologies (“Eppinger” or the “Company”), a leading manufacturer of highly engineered OEM and aftermarket CNC tooling products and precision automation solutions, today announced that Chad Heathco has joined the Company as its new Chief Executive Officer. Eppinger Technologies is a portfolio company of Z Capital Partners, L.L.C., the private equity fund management arm of Z Capital Group, L.L.C. ("ZCG"), a leading privately held merchant bank.
This announcement aligns with ZCG’s strategic vision to realize synergies following its merger of Eppinger and Techniks Tool Group (“TTG”), identifying substantial opportunities for cost and revenue optimization. In this new role, Mr. Heathco will focus on leveraging his financial acumen, operational prowess, and private equity experience to lead Eppinger toward sustained success. His appointment reinforces Eppinger’s commitment to continuous growth and leadership in the highly specialized manufacturing sector.
Mr. Heathco brings a wealth of experience to Eppinger, with over 20 years of operational, strategic finance, and global leadership expertise. Most recently, he served as CEO of Precision Products Group, a leading brand family of manufacturers. During his tenure, Mr. Heathco led a number of initiatives to improve operational performance, including by streamlining automation and executing on organic and acquisitive growth opportunities, resulting in a 100% increase in EBITDA in a 24-month period.
Previously, Mr. Heathco was Chief Financial Officer of Fairfield Manufacturing, a global manufacturer of gears and drive systems for off-road construction equipment, mining equipment, and power generation. Mr. Heathco has also served as CFO for two family-owned manufacturers, K&M Machine Fabricating and Bremen Castings. Earlier in his career, he held managerial roles at Plymouth Tube Company and CTS Corporation. Mr. Heathco earned a B.S. in accounting and an MBA from Taylor University.
“Chad is a proven leader. His operational experience, deep financial knowledge, and track record leading strong performance in geographically and financially complex markets make him the right person to lead Eppinger forward,” said James Zenni, Founder, President and Chief Executive Officer of ZCG. “As Eppinger seeks opportunities to further realize cost and revenue synergies, the business is well positioned for continued growth and long-term success.”
“I am thrilled to join Eppinger Technologies and contribute to its legacy of excellence and growth on a global scale,” said Mr. Heathco. “I look forward to leveraging my expertise and working closely with Eppinger’s talented cross-functional teams to build on the Company’s nearly 100-year history of delivering high-quality, precision engineering products and services.”
About Eppinger Technologies
Eppinger Technologies is a global leading mechanical engineering company supplying sophisticated, high precision automation solutions and tooling systems across the manufacturing space with expertise and product offerings across the aerospace, robotics, medical, automotive, defense, and energy industries.
Eppinger Technologies is a portfolio company of Z Capital Partners, L.L.C., the private equity fund management arm of Z Capital Group, L.L.C. ("ZCG").
For more information, please visit https://eppingertechnologies.com.
About ZCG
ZCG is a leading, privately held merchant bank comprised of private markets asset management, business consulting services, technology development and solutions.
ZCG’s investors are some of the largest and most sophisticated global institutional investors including pension funds, endowments, foundations, sovereign wealth funds, central banks, and insurance companies.
For almost 30 years, ZCG Principals have invested tens of billions in capital and have industry leading track records in private equity and credit.
ZCG has a global team comprised of over 400 professionals. For more information, please visit www.zcg.com.