Ocean State Innovations Acquires ColorWorks

Praesidian Capital Exits Ocean State Innovations

January 3, 2023

Manufacturing

Praesidian Capital announced it has fully realized its equity investment in Ocean State Innovations, a Portsmouth, Rhode Island-based textile converter and fabric finishing business. The release did not disclose a buyer; Praesidian highlighted the company's management team and multi-year growth through organic initiatives and acquisitions.

PaperWorks Industries Acquires Color Craft Graphic Arts

November 13, 2025

Manufacturing

PaperWorks Industries Inc. has acquired Color Craft Graphic Arts, a folding carton manufacturer founded in 1929 and based in Manitowoc, Wisconsin. Color Craft was a portfolio company of First Capital Partners and was advised by Mesirow; the acquisition adds ~120 employees and expands PaperWorks' integrated folding carton network and mill alignment across North America.

Techmer PM Acquires OptiColor, Inc.

October 1, 2024

Manufacturing

Techmer PM, a materials design company based in Clinton, Tennessee, has acquired OptiColor, Inc., a Huntington Beach, California-based color compounder specializing in color concentrates and masterbatches. The acquisition (closed October 1, 2024) expands Techmer PM's capabilities and technology portfolio in colorants and additives for technical plastics applications; terms were not disclosed.

ChromaScape Acquires Greenville Colorants

July 16, 2020

Manufacturing

ChromaScape, a specialty chemicals manufacturer, has acquired Greenville Colorants, a processor of liquid and powder dyes with a portfolio of over 2,000 products and manufacturing locations in New Jersey, South Carolina and California. The deal expands ChromaScape's product capabilities and extends its manufacturing footprint in the Southeast; Greenville's leadership (Ron Weiss and Joe Lynch) invested in the transaction and will join ChromaScape's executive team.

Automotive Color & Supply Acquires Paint Works

December 18, 2024

Logistics & Distribution

Automotive Color & Supply, a portfolio company of WILsquare Capital, has acquired Paint Works, a regional distributor of automotive and industrial paint and supplies based in Tyler, Texas. Terms were not disclosed; the deal expands ACS' footprint in the South (Texas, Arkansas and Louisiana) and ACS will continue operating Paint Works branches under the existing Paint Works brand.

Financial Finesse Acquires OfColor

October 30, 2024

Financial Services

Financial Finesse has acquired OfColor, a financial-wellness platform focused on improving outcomes for employees of color. The acquisition adds culturally relevant content and coaching expertise to Financial Finesse’s employer-sponsored financial coaching offerings to broaden its impact and reach.