Announced
Completed
Financials
Tags
Private
paints and coatings
Friendly
Completed
Acquisition
Private Equity
Majority
Domestic
United States
Specialty Retailers
Single Bidder
Synopsis
Flacks Group, a global investment firm, completed the acquisition of Kelly-Moore Paint, a manufacturer and retailer of premium paints and coatings. Financial terms were not disclosed. “Kelly-Moore Paints is a true legacy brand that resonates across multiple generations. Since 1946, the company’s high-quality products have exemplified American manufacturing and its exceptional service has earned the company a loyal customer base. We see this transaction as a platform with the potential for bolt-on acquisitions in the small and mid-size paint spaces,” Charles Gassenheimer, Flacks Group Managing Director.
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