Arsenal Sells Accella Performance Materials to Carlisle Companies
Accella has annualized revenue of approximately $430 million and operates from 10 manufacturing facilities and seven R&D laboratories.
Arsenal Capital Partners recently announced that it has signed a definitive agreement to sell Accella Performance Materials to Carlisle Companies Inc. for $670 million. Accella has annualized revenue of approximately $430 million. It operates from 10 manufacturing facilities and seven R&D laboratories in the U.S., Germany, and China.
“Since our initial investment in 2012, Accella’s revenue and earnings before interest, tax, depreciation and amortization (EBITDA) increased by 7x and 8x, respectively, through a focused organic growth strategy and nine strategic acquisitions,” said Roy Seroussi, a principal at Arsenal. “The company has become a market leader in several rapidly growing end markets, such as spray foam insulation, as well as roofing solutions and polyurethane truck bed liners.”