Sky Island Capital acquired a majority stake in Material Sciences Corporation.

Sky Island Capital, a Dallas-based middle market private equity firm, acquired a majority stake in Material Sciences Corporation, which produces advanced materials and specialty coated metals. Financial terms were not disclosed. Pat Murley, Chief Executive Officer of MSC, stated: "Bringing in the Sky Island team will allow us to be more aggressive with add-on acquisitions and continue to grow the company. We have worked with several of the Sky Island team members in the past where we had tremendous success growing the business through add-on acquisitions. We are excited to work with them again to reinvigorate those efforts."