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November 6, 2018
By: Anthony Locicero
Copy Editor, New York Post
Inland Coatings Holdings, a portfolio company of Midwest Growth Partners, said it closed its acquisition of privately-held TRUCO, Inc. from the Hoskins family. TRUCO is a U.S. manufacturer of elastomeric rubber and acrylic roof coatings. Inland Coatings provides value-added commercial building and industrial coating solutions across North America. “We are pleased to begin the process of integrating TRUCO into the Inland family and realizing the benefits that TRUCO will bring to our coatings business,” Inland Coatings Holdings CEO Cameron McGinley said. “Our acquisition of TRUCO will accelerate our growth strategies, expand our presence in commercial and industrial coatings, broaden our product offerings, and increase our geographic presence across the U.S. “In addition, TRUCO operates in a space we know extremely well,” he continued. “This experience will benefit both Inland Coatings and TRUCO as we share best practices and focus on exceeding our customer’s expectations. We are pleased to have more options to better serve contractors, architects, consultants, and building owners.” “Our family has held a deep respect for Inland’s products and people for decades, and we’re confident Inland is an ideal parent company for TRUCO and our employees going forward,” added Chris Hoskins, TRUCO president. “We are looking forward to working with Inland Coatings to identify best practices, increase new product development, and expand our reach to more customers across North America.”
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