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Arsenal Acquires Royal Adhesives & Sealants
8:09 AM MST | December 2, 2010 | Rebecca Coons
Private equity firm Arsenal Capital Partners (New York) has acquired Royal Adhesives & Sealants (South Bend, IN) from Quad-C Management (Charlottesville, VA) for an undisclosed sum. Royal produces customized thermosetting epoxy and urethane, solvent-based, and water-based technologies for high-performance adhesives and sealant applications. Royal says the deal positions the company for growth and will facilitate portfolio and geographic expansion. "Arsenal has a successful track record of building similar companies in the middle-market specialty...
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