Announced
Completed
Financials
Tags
Private Equity
Private
Majority
Friendly
coatings business
Building Materials: Other
United States
Completed
Acquisition
Domestic
Single Bidder
Synopsis
Arsenal Capital-backed Seal For Life Industries, a sealing and corrosion prevention products manufacturer, completed the acquisition of Mascoat and Verdia, two specialty industrial coatings companies. Financial terms were not disclosed. “We are very pleased to welcome the Mascoat and Verdia teams to the Seal For Life family, and look forward to working with them to accomplish our vision of being the leading global provider of protective coating and sealing solutions for infrastructure markets. The incorporation of these highly specialized industrial coatings companies into the Seal For Life platform increases our global scale and the ability to meet the needs of our many global customers,” Jeff Oravitz, Seal For Life CEO.
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