XPEL announces acquisition of ArmourfendCAD, Inc.

XPEL Technologies Corp. has completed the acquisition of ArmourfendCAD, Inc. of El Dorado Hills, Calif., a paint protection pattern design house with an extensive library of shapes for both North American and European vehicle models. Founded in 1996 by Bob Jackson in the United Kingdom, the company is a global provider of industry training, and serves both retail and dealership accounts from its facilities in Northern California.

"The completion of this transaction and inclusion of Armourfend into the XPEL family of operations brings additional strength to our industry status as the full service leader in vehicle paint protection," says Steven J. McAuley, XPEL's chief executive officer. "Armourfend's technical proficiencies in design, installation and training add important competitive advantages to XPEL allowing us to bring even more value to our network of installers throughout the world." McAuley further adds: "Bob Jackson brings significant industry knowledge and international experience that will greatly complement our leadership team, and his contributions will undoubtedly enhance our international market penetration and create broader product awareness."

For his part, Armourfend's founder and CEO Bob Jackson, has expressed excitement about the relationship with XPEL. "Put simply, XPEL and Armourfend make for a great pairing. We share a competitive dedication to be the best in our industry. By Armourfend joining XPEL, we will collectively enhance our global exposure as the leading manufacturer and supplier of progressive patterns, tools, and dynamic training," he says. "With the introduction of the eagerly anticipated and progressive range of Paint Protection Films, I am looking forward to the mutual benefits that will follow. Together we will further drive the XPEL brand in the world of automotive aftermarket products."

For more information about XPEL Technologies Corp. and its acquisition of ArmourfendCAD, Inc, visit the company's Web site.