12.05.17
Mason Wells is actively seeking the acquisition of a Coatings, Adhesives, Sealants, and Elastomers (“CASE”) specialty chemical business in conjunction with industry veteran Doug MacRae.
“Mason Wells’ focus on Midwestern industrial products companies and the firm’s straightforward approach fits well with my background and values," he said.
The platform company should possess some or all of the following characteristics:
“Mason Wells’ focus on Midwestern industrial products companies and the firm’s straightforward approach fits well with my background and values," he said.
The platform company should possess some or all of the following characteristics:
- Products: Coatings, Adhesives, Sealants, Elastomers, and related intermediate products;
- End Markets: Focused on Industrial and Construction end markets, but will consider others;
- Small batch, asset-light business models (blending, formulation, and/or value-added distribution);
- Revenue greater than $30 million and EBITDA greater than $6 million;
- Headquartered in the Midwestern United States;
- Companies with less than $6 million of EBITDA and outside of the Midwest will be considered for follow-on acquisitions