Announced
Financials
Tags
adhesives
Domestic
Specialty Chemicals
sealants
Majority
Private
Friendly
Acquisition
Private Equity
United States
Pending
Disposal
Single Bidder
Synopsis
American Securities, a private equity firm, agreed to acquire Meridian Adhesives Group, a manufacturer of adhesives and sealants, from Arsenal Capital Partners, a private equity firm. Financial terms were not disclosed. "We are grateful for the support of Arsenal over the past four years as we established Meridian as the go-to solution provider in the industry. We are excited about Meridian's next phase of growth and our new partnership with American Securities," Dan Pelton, Meridian CEO.
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