Huron Capital Partners LLC recently announced its specialty coatings ExecFactor® platform, Valentus Specialty Chemicals Inc., has acquired the floor finishes business Precision Technology LLC. Huron Capital formed Valentus in partnership with Ray Chlodney, John Ragazzini, and Bob Taylor to reportedly pursue a buy-and-build initiative in the industrial coatings sector.
“The NPI team has known Precision for a long time and has always thought highly of the business,” said Ray Chlodney, CEO. “We are excited to add these products to the Valentus lineup as we look to expand our presence in the floor coatings market. In partnership with Huron Capital, we are actively looking for additional complementary coatings companies as we continue to grow the Valentus platform.”