Canlak Coatings Acquires Ceramic Industrial Coatings (Ceram-Traz)

SK Capital Acquires Canlak and Valentus Specialty Chemicals to Form Canlak Coatings

May 27, 2021

Manufacturing

Funds advised by SK Capital Partners have acquired Canadian coatings maker Canlak Inc. and U.S.-based Valentus Specialty Chemicals and will merge the businesses to form Canlak Coatings, headquartered in North Brunswick, New Jersey. The combined company will offer a broad wood coatings portfolio (including lacquers, waterborne, UV-cured and polyurethanes) for flooring, cabinet and furniture manufacturers; Normand Guindon will serve as Executive Chairman and Robert Jamieson was named President & CEO.

Aurora-Backed Spray-Tek Acquires TRuCapSol

August 7, 2023

Manufacturing

Spray-Tek, a specialty spray-drying and ingredient processing platform backed by Aurora Capital Partners, has acquired TRuCapSol, a developer of biodegradable microencapsulation technologies. The acquisition adds TRuCapSol's patented biodegradable capsule IP and R&D capabilities to Spray-Tek's ingredient processing platform to expand addressable markets across personal care, nutraceuticals and pharmaceuticals.

Kymera International Acquires CASL Surface Technologies Corp.

November 9, 2022

Manufacturing

Kymera International, a Palladium-backed specialty materials manufacturer, has acquired CASL Surface Technologies Corp., a developer and manufacturer of wear‑resistant metallic and ceramic alloy coatings with facilities in Alberta, Canada and a production site in Houston, Texas. The acquisition — Kymera's sixth under Palladium Equity Partners' ownership — is intended to expand Kymera's coatings capabilities and accelerate product development and growth initiatives.

Trinity Consultants Acquires Cerami & Associates

January 21, 2022

Engineering Services

Trinity Consultants announced the acquisition of Cerami & Associates, a 75+ person acoustics and technology consulting firm founded in 1965. The deal brings Cerami's noise, vibration, audiovisual, security and IT infrastructure expertise into Trinity's building sciences platform to expand service capabilities for building designers and industrial clients.

Fenix Group Acquires TCI Coatings, Inc.

September 1, 2021

Manufacturing

Fenix Group has acquired TCI Coatings, Inc., a Lubbock, Texas-based manufacturer of specialty and high-performance industrial coatings, to expand Fenix’s manufacturing, warehousing and regional distribution footprint. The acquisition strengthens Fenix’s industrial product portfolio and fills geographic and product gaps in Texas and surrounding states; Tonka Bay Equity Partners is referenced in the announcement as the private equity sponsor associated with Fenix.

Tencarva Machinery Company Acquires Tri-State Coating & Machine

May 30, 2024

Industrial Services

Tencarva Machinery Company, backed by Bessemer Investors, has acquired Tri-State Coating & Machine, a Salt Rock, West Virginia-based provider of specialized thermal coating services and rotating equipment repair. The deal will add thermal spray coating capabilities to Tencarva's value‑added service offerings; Tri-State's founder David Thompson will retire and existing management and employees will remain with the business.