High Road Capital Partners recently announced that its portfolio company U-C Coatings has completed the acquisition of Contechem. The acquisition is reportedly High Road’s 50th transaction.
“Joining Contechem’s innovative sapstain products with U-C Coatings’ industry-leading wood sealants and end paints provides an ideal cross-selling opportunity and one-stop shop package to customers,” said Jeff Goodrich, partner, High Road Capital Partners. “We continue to seek strategic opportunities to build the U-C platform.”
“Contechem has a superior line of products and provides outstanding levels of customer support,” said Tom Johel, CEO of U-C Coatings. “Its ability to develop and manufacture custom blends for a mill’s wood and climate conditions makes it a natural partner for U-C Coatings, and both companies’ products provide exceptional cost savings and return on investment. With tight margins in the lumber industry, we believe we can have a positive impact on our customers’ bottom lines.”
For more information, visit www.highroadcap.com, www.uccoatings.com or www.contechem.com