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BGL Advises on Sale of Coatings and Wood Protection Products Maker U-C Coatings
Tuesday 13 February 2018

13 February 2018 - US-based investment bank Brown Gibbons Lang and Company guided the sale of US-based coatings and wood protection products manufacturer U-C Coatings, LLC (U-C Coatings), a portfolio company of Argosy Private Equity and Sidereal Capital Group, to High Road Capital Partners, the bank said.

BGL's Industrials and Engineered Materials team served as the exclusive financial advisor to U-C Coatings in the transaction.

The specific terms of the transaction were not disclosed.

Based in Buffalo, New York, U-C Coatings is a manufacturer and distributor of proprietary, branded coatings and wood protection products for the logging, lumber, furniture, and woodworking industries.

Products include wood sealers, marking paints, waterproofers, and protective coatings sold under flagship brands Anchorseal, Gempaint, and Seal-Once.
Date Published: 13/02/2018
Target: U-C Coatings, LLC
Country: USA
Sector: Chemicals
Type: LBO
Status: Closed
Vendor: Argosy Private Equity and Sidereal Capital Group
Buyer: High Road Capital Partners
Terms of the deal were not disclosed