Arsenal Capital Partners recently announced it has completed the sale of portfolio company Royal Adhesives and Sealants LLC to American Securities LLC.
“We are very pleased to have worked with CEO Ted Clark and his management,” said Tim Zappala, a Partner who co-heads Arsenal’s Specialty Industrial group. “During our partnership, we successfully established Royal as a leading player in niche, high-growth end markets with a particular emphasis on the substitution of traditional mechanical fasteners toward adhesives and sealants technologies, which improve reliability and performance and provide a cost-effective solution to Royal’s global customers.”
“We greatly appreciate Arsenal’s significant support of the management team, employees and customers throughout the last five years in the execution of our organic growth and acquisition strategy,” said Ted Clark, Royal CEO. “Arsenal's deep understanding of the industry and their commitment to the investment contributed to the remarkable outcome achieved by the company. The new partnership with American Securities will allow us to continue Royal’s growth trajectory and we look forward to the next phase of the Company’s evolution.”