PPG Acquires VersaFlex from DalFort Capital Partners

DalFort Portfolio Companies Key Polymer and Polymer Adhesives Complete Two Add-on Acquisitions

July 2, 2025

Manufacturing

DalFort Capital Partners' portfolio companies completed two add-on acquisitions: Key Polymer Holdings acquired Durant Performance Coatings (Revere, MA) and Polymer Adhesives Holdings acquired Volunteer Adhesives (Lafayette, TN). Both deals expand the platforms' manufacturing footprints and product portfolios across industrial, infrastructure, marine and packaging end-markets.

The Sterling Group Acquires Pavement Preservation Group, Inc. and Vance Brothers to Form Nationwide PPG Platform

May 15, 2025

Construction

The Sterling Group has acquired Arizona-headquartered Pavement Preservation Group, Inc. (PPGI) and Kansas City-based Vance Brothers, LLC to create Pavement Preservation Group (PPG), a new national platform focused on pavement preservation and asphalt maintenance. Darin Matson, a long-time pavement sector executive and former CEO of Rogers Group, was named CEO to lead the platform as Sterling pursues a buy-and-build expansion across the central and southwestern United States.

MFG Chemical (Platte River Equity) Acquires H.P. Polymers

April 23, 2024

Manufacturing

MFG Chemical, a Platte River Equity portfolio company, has acquired H.P. Polymers, an independent paint and coatings resin manufacturer based in Puslinch, Ontario. The deal expands MFG's product portfolio and capabilities in the paint and coatings sector, enhancing service to customers across metal, wood, marine, specialty and coil end markets.

Evantic Acquires Vertec Polymers, Inc.

January 10, 2023

Manufacturing

Evantic, a portfolio company of Edgewater Capital Partners, has acquired Vertec Polymers, a Houston-based designer and manufacturer of high-performance polymer materials including PEEK, PPS, PTFE and PFA. The acquisition expands Evantic's engineered components platform by adding polymer R&D, injection and hot-compression molding, and precision machining capabilities to better serve customers in the energy, life sciences, food & beverage and industrial markets.

DalFort Capital Partners Acquires Key Polymer Corporation

January 13, 2020

Manufacturing

DalFort Capital Partners has acquired Key Polymer Corporation, a Lawrence, Massachusetts-based manufacturer of specialty adhesives, sealants and chemical compounds. DalFort intends to use Key Polymer as a platform to grow its specialty chemicals portfolio through operational improvements and add-on acquisitions.

PPG Acquires Dexmet from Sverica Capital

August 15, 2019

Manufacturing

PPG has completed the acquisition of Dexmet Corporation from Sverica Capital Management. Dexmet, headquartered in Wallingford, Connecticut, is a specialist manufacturer of precision expanded metal foils and polymers used in lightning strike protection, power storage and aerospace applications; the deal expands PPG's engineered materials capabilities for aerospace and related end markets.