Crest Rock Partners Announces Recapitalization of Motus Fiber and Launches NexForm Technologies

Carve-out from Motus Integrated Technologies’ Fiber Solutions segment positions NexForm to accelerate standalone growth, expand its product portfolio, and deepen partnerships with OEMs and Tier-1 suppliers

DENVER, CO - March 11, 2026 – Crest Rock Partners (“Crest Rock”), a Denver-based private equity firm investing in lower middle market manufacturing, software, technology, and services businesses, today announced the recapitalization of Motus Fibers (the “Company”), a carve-out of Motus Integrated Technologies’ Fiber Solutions segment. Following the transaction, the business will operate as NexForm Technologies (“NexForm”).

Headquartered in Battle Creek, Michigan, NexForm is a vertically integrated producer of engineered thermal and noise, vibration and harshness (“NVH”) fiber solutions for automotive interiors and exteriors. NexForm designs and manufactures durable, lightweight fiber-based components used by leading global automotive OEMs and Tier-1 suppliers across numerous vehicle applications. The Company operates manufacturing facilities in the United States and Mexico and supports customers with advanced engineering capabilities spanning from material development through forming and finishing, enabling customers to reduce weight, improve NVH performance, and advance recyclability goals. Crest Rock’s investment will support NexForm’s standalone growth plan by enhancing commercial reach, investing in product and process innovation, and advancing operational excellence. With Crest Rock as a partner, NexForm plans to expand its product portfolio, pursue new program wins with existing and new customers, and evaluate strategic initiatives that broaden capabilities and accelerate growth.

“We’re excited to partner with Crest Rock as NexForm begins this new chapter as a standalone company,” said Kris Radford, CEO of NexForm Technologies. “Crest Rock’s investment and resources will help us accelerate our growth plans while continuing to deliver the quality, responsiveness, and innovation our customers rely on. We are energized by the opportunity ahead and look forward to building an even stronger business for our customers, employees, and partners.”

“We are excited to partner with Kris and the NexForm team as they begin the next phase of growth,” said Steve Johnson, Co-Founder and Partner at Crest Rock Partners. “NexForm’s strong customer relationships, differentiated capabilities, and critical role in delivering durable, lightweight NVH and thermal solutions are what make it a leader in the fiber solutions market. We look forward to supporting NexForm’s continued investment in innovation, commercial growth, and operational excellence.”

About Crest Rock Partners

Crest Rock Partners is a Denver-based private equity firm focused on the lower middle market. Founded in 2019, the firm seeks investment opportunities where it can leverage its principals’ extensive operating and investing experience to help companies execute their strategic growth initiatives. Through the team’s completion of over 65 acquisitions, divestitures, mergers, and integrations, Crest Rock has developed a differentiated investment process and partnership approach, working with management, founders, and other shareholders to establish alignment and achieve mutual objectives. Crest Rock targets control investments across multiple industry verticals, including industrial services, manufacturing, IT services, tech-enabled business services, software, and technology, with enterprise values ranging from $25 million to $200 million. For more information about Crest Rock, please visit www.crestrockpartners.com.

About NexForm Technologies

NexForm Technologies is a vertically integrated producer of engineered thermal and NVH fiber solutions for automotive interiors and exteriors. NexForm designs and manufactures a range of durable, lightweight fiber-based components used by global automotive OEMs and Tier-1 suppliers. NexForm operates manufacturing facilities in the United States and Mexico and maintains advanced engineering capabilities to support customers from design through launch and full-rate production.