CPS Performance Materials (Arsenal) Acquires FAR Chemical from Edgewater

Novopor Advanced Science Acquires FAR Chemical from CPS Performance Materials Group

January 23, 2026

Manufacturing

Novopor Advanced Science, a Bain Capital–backed performance chemicals and materials CDMO, has acquired FAR Chemical from CPS Performance Materials Group to expand its U.S. footprint and add capabilities in complex specialty chemistries. The deal integrates FAR Chemical's expertise in custom and hazardous specialty chemical manufacturing—serving electronics, aerospace & defense, and coatings/adhesives end markets—into the Novopor platform.

Arsenal Capital Partners Acquires AvCarb Material Solutions

November 2, 2021

Manufacturing

Arsenal Capital Partners has acquired AvCarb Material Solutions, a Lowell, Massachusetts-based manufacturer of engineered carbon components used in fuel cells, electrolyzers, flow batteries and industrial applications. Arsenal said the investment will support AvCarb's capacity expansion, international growth, and continued development of proprietary carbon-based materials; terms were not disclosed.

Seal For Life (Arsenal) Acquires Canusa-CPS and Dhatec from Shawcor

January 26, 2021

Industrial Services

Arsenal Capital Partners’ coatings platform, Seal For Life Industries, acquired the Canusa-CPS and Dhatec businesses from Shawcor. The add-on expands Seal For Life’s corrosion protection and pipeline coating capabilities and extends its global footprint across Canada, the Netherlands, the United States and the United Arab Emirates; Canusa employs over 250 people.

The Jordan Company Acquires PSG Polymer Additives Division from Arsenal Capital Partners

November 26, 2019

Manufacturing

The Jordan Company has completed the acquisition of Polymer Solutions Group’s Polymer Additives division (PSG Polymer Additives) from Arsenal Capital Partners. The Cleveland-headquartered business supplies proprietary polymer additives, dispersions and performance chemicals to rubber, plastics and engineered wood markets and will partner with TJC to expand its global platform and grow its market position.

CPS Performance Materials Acquires GEO Specialty Chemicals

September 3, 2019

Manufacturing

CPS Performance Materials, a portfolio company of Arsenal Capital Partners, has acquired GEO Specialty Chemicals. GEO is a specialty chemicals manufacturer serving coatings, adhesives, water treatment, medical and construction markets with 19 production sites in the U.S. and Europe; terms were not disclosed.

Accella Performance Materials Acquires Premium Spray Products Group of Companies

September 9, 2015

Manufacturing

Accella Performance Materials, a portfolio company of Arsenal Capital Partners, has acquired Premium Spray Products Group of Companies (including PSP Canada). Premium Spray Products, a Marietta, Georgia–based manufacturer of spray foams and specialized polyurethane systems, will be integrated into Accella's polyurethane platform; the company's president Mac Hess will remain with Accella. The majority stockholder PFM Capital and other shareholders were represented by Bravaldo Capital Advisors in the transaction.