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HURON CAPITAL AND QUEST SPECIALTY CHEMICALS ACQUIRE RAABE CORP.
December 6, 2004
Huron Capital Partners LLC, a Michigan-based private equity firm, announced that it has funded a specialty chemicals initiative in Quest Specialty Chemicals in order to acquire Raabe Corp. Raabe fit squarely in Quest's coatings strategy to acquire companies that have developed unique solutions to the challenges of coatings application, surface protection and the bonding of flexible and rigid substrates. Based in Menomonee Falls, WI, Raabe is a leading manufacturer of custom-matched, branded touch-up paint, and also provides private label aerosol paint filling services. Raabe's touch-up products consist of ready-to-apply paints that closely match original equipment coatings and are used to repair the surfaces of industrial and commercial products along all points of the supply chain.