Arsenal Capital Partners, a New York-based private equity firm, has acquired Royal Adhesives & Sealants from Quad-C Management.
Headquartered in South Bend, Indiana, Royal offers a range of products designed to solve complex bonding, laminating and sealing applications across a range of markets including aerospace and defence, construction, specialty packaging, automotive and industrial.
John Televantos, a partner at Arsenal Capital, says: "Royal has industry-leading capabilities that provide proprietary, value-added solutions for its customers. We are impressed by the accomplishments of the Royal team and we look forward to working with management to continue the company’s focus on customer service and to drive growth through innovation. This is an exciting sector and we plan new investments in the business and further acquisitions to accelerate global growth and expand the platform into new technologies and geographies."
Ted Clark, chief executive officer of Royal, says: "We are delighted to partner with Arsenal Capital. Arsenal has a successful track record of building similar companies in the middle market specialty industrials sector and their experience will better enable us to take our company to the next level of growth and innovation."
