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.