07.14.11
84 Quest Specialty Chemicals
Back in 2003 Huron Capital Partners LLC, a Michigan-based private equity firm formed a partnership with veteran chemicals executives and investors, Fred Quinn and Carol Bramson to build a platform company in the specialty chemicals industry, which would become Quest Specialty Chemicals (QSC). Just recently Huron sold QSC with new ownership passed on to the Audax Group, located in Boston, MA and Moelis Capital Partners, located in New York. According to the company, this acquisition strengthens the overall Quest platform, which consists of two divisions: Quest Specialty Coatings and Quest Construction Products. The coatings division includes: Raabe Company (2004), Foxcolor (2005), Matrix System Automotive Finishes (2006), Zolatone (2007) and Custom Finishes (2009). The construction products division is made up of United Coatings (2007) and HydroStop (2007). Overall, Quest's goal is to continue building these two divisions through acquisition. Together QSC’s portfolio of coatings companies generated $113 million of revenue in 2010.
Menomonee Falls, WI/USA
PRIVATE COMPANY
YEAR ESTABLISHED: 2001
REVENUE: $113 million
MARKETS SERVED
• Automotive refinish
• Aerosol paints
• Industrial paints
• Roof coatings and systems
KEY EXECUTIVES
Frederick Quinn, CEO; Gerard Loftus, president and COO; David Brunori, executive VP coatings; Nicholas Causey, executive VP construction products; Segment managers: Ken Papich, automotive refinish; Steve Hughes, aerosol paints and industrial paints; Charles Van Gelder, roof coatings; Nick Causey, roof systems.
Back in 2003 Huron Capital Partners LLC, a Michigan-based private equity firm formed a partnership with veteran chemicals executives and investors, Fred Quinn and Carol Bramson to build a platform company in the specialty chemicals industry, which would become Quest Specialty Chemicals (QSC). Just recently Huron sold QSC with new ownership passed on to the Audax Group, located in Boston, MA and Moelis Capital Partners, located in New York. According to the company, this acquisition strengthens the overall Quest platform, which consists of two divisions: Quest Specialty Coatings and Quest Construction Products. The coatings division includes: Raabe Company (2004), Foxcolor (2005), Matrix System Automotive Finishes (2006), Zolatone (2007) and Custom Finishes (2009). The construction products division is made up of United Coatings (2007) and HydroStop (2007). Overall, Quest's goal is to continue building these two divisions through acquisition. Together QSC’s portfolio of coatings companies generated $113 million of revenue in 2010.
