Edge Adhesives Acquired
Grace Matthews Inc. and Superior Capital Partners recently announced that Edge Adhesives has been acquired by a buyer group led by Gladstone Investment Corp. and Akoya Capital Partners. The company will reportedly continue to be led by the current executive management team.
“We spoke to Superior prior to its original acquisition of Edge Adhesives (then Q’So Inc.) back in 2010,” said Ben Scharff, managing director of Grace Matthews. “When they recently asked us to help them manage the sale of the business, we were impressed by how well they had been able to execute on their original investment thesis. With a rapidly growing bottom line, the key in successfully marketing Edge was to find someone that fully understood, appreciated and valued the company’s current technology and capabilities, as well as its future targeted growth opportunities. Having had discussions with many of the best possible strategic and private equity buyers for this business, we are confident that we found the right partner for the sellers and the management team.”
“The company is at an exciting crossroads,” said Dave Burger, CEO of Edge Adhesives. “On the tail end of integrating four businesses, and being faced with substantial growth initiatives, finding the right partner was of critical importance to Edge’s management team.”
For more information, visit www.edgeadhesives.com.