The Valence Group has acted as M&A advisor to Arsenal Capital on its purchase of ADCO Global from Aurora Group and its merger with portfolio company Royal Adhesives and Sealants. Terms of the transaction were not disclosed.
The combination of Royal and ADCO will create a top ten global supplier of adhesives and sealants with sales approaching $600 million annually.
Headquartered in Lincolnshire, IL, ADCO Global is a supplier of specialty adhesives, sealants, tapes and coatings serving the construction, transportation, and industrial markets throughout the world. ADCO develops specialized solutions for insulating glass window, roofing, solar panel, wind, bus/trailer/RV, automotive, marine, civil engineering, telecommunications, security glass and general construction applications.
About Arsenal Capital
Formed in 2000, Arsenal Capital Partners is a leading New York-headquartered private equity firm that invests in middle-market specialty industrial and healthcare companies.
About Royal Adhesives and Sealants
Royal Adhesives and Sealants is a leading producer of proprietary, high-performance adhesives and sealants. Headquartered in South Bend, Indiana, Royal offers a broad range of specialty formulated products designed to solve complex bonding, laminating and sealing applications across a diverse range of markets including aerospace and defence, construction, specialty packaging, automotive and industrial.
About The Valence Group
The Valence Group is a specialist investment bank offering M&A advisory services exclusively to companies and investors in the chemicals, materials and related sectors. The Valence Group team includes a unique combination of professionals with backgrounds in investment banking, strategic consulting and senior management within the chemicals and materials industries, all focused exclusively on providing M&A advisory services to the chemicals and materials sector. The firm’s offices are located in New York, London and Shanghai.