All-State Industries Acquires United Gasket Corp. (and subsidiary Gaskoa, Inc.)

January 14, 2025

All-State Industries, a portfolio company of Blue Sage Capital, has acquired United Gasket Corp. and its subsidiary Gaskoa, Inc. United Gasket — a Cicero, Illinois–based manufacturer of custom non-metallic components — will remain led by CEO Mark Pahios and the deal expands All-State's die-cutting and non‑metallic component capabilities. The transaction (completed Dec. 31, 2024) is the fourth add-on for the All-State platform since partnering with Blue Sage and was financed with support from TPG Twin Brook Capital Partners.

Buyers
All-State Industries, Inc., Blue Sage Capital
Targets
United Gasket Corp., Gaskoa, Inc.
Platforms
All-State Industries, Inc.
Industry
Manufacturing
Location
Illinois, United States
Transaction Type
Addon

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