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Accella agrees to purchase spray polyurethane foam business from Covestro

Expands core product and technology offering in spray foam Insulation and roofing markets

ST LOUIS MO - February 17, 2017 - Accella Polyurethane Systems LLC (“Accella”) has agreed to purchase certain assets of the North American spray polyurethane foam (SPF) business from Covestro LLC. The sale is scheduled to be completed by April 1, 2017. Financial terms have not been disclosed.

“This acquisition will significantly improve Accella’s position in the spray polyurethane foam market and is another strategic step with our positive...

Arsenal Capital Partners Names Joseph M. Salley as Specialty Industrials Operating Partner

Salley Most Recently Served as Chief Executive Officer of Milliken & Company

NEW YORK, January 24, 2017 — Arsenal Capital Partners, a leading New York based private equity firm that invests in middle market specialty industrials and healthcare companies, announced today that it has expanded its team with the addition of Joseph M. Salley, former Chief Executive Officer of Milliken & Company, as an Operating Partner working within the firm’s Specialty Industrials Group.

Dr. Salley served with Milliken & Company for 20 years, holding a...

Elite Comfort Solutions Appoints Chris Chrisafides as Chief Executive Officer

NEWNAN, GA January 9, 2017 - Elite Comfort Solutions LLC (ECS) today announced that the board of directors has selected Chris Chrisafides as its Chief Executive Officer.

Chrisafides most recently led Dow Chemical’s North American $1.0+ billion polyurethane division as the Commercial Vice President.  Prior to that he served in a variety of senior leadership roles, including General Manager and Global Business Development Director at Rohm & Haas.

“Chris...

TractManager Appoints Trace Devanny Chief Executive Officer

Accomplished Industry Leader and Former Nuance Communications, TriZetto and Cerner Executive to Champion Exceptional Customer Engagement and Product Innovation

CHATANOOGA, Tenn. & DALLAS, October 27, 2016 - TractManager, the leading provider of powerful healthcare strategic sourcing and compliance application suites announced that it has named Trace Devanny Chief Executive Officer of the company. Devanny will advance the continuing growth of the knowledge based and system solutions TractManager supplies to over 3,000 hospital and provider clients.

“Trace blends a remarkable...

Arsenal Capital Partners Hires Spaight as Healthcare Operating Partner

Spaight Previously Served as Chairman and Chief Executive Officer of WIL Research Company, Inc.

NEW YORK, October 17, 2016 — Arsenal Capital Partners, a leading New York based private equity firm that invests in middle market healthcare and specialty industrial companies, announced today that it has expanded its team with the addition of David Spaight. Mr. Spaight will work as an Operating Partner within the firm’s Healthcare Group.

Mr. Spaight was most recently Chairman and Chief Executive Officer of WIL Research Company, where he led the successful turnaround of...

Arsenal Capital Partners Closes Fund IV at $1.3 Billion Hard Cap

Leading Sector-Focused Firm Specializing in Strategic Buy and Builds

NEW YORK, October 13, 2016 – Arsenal Capital Partners (“Arsenal”), a leading New York-based private equity firm that invests in lower middle market specialty industrial and healthcare companies, announced today that it has successfully completed fundraising for Arsenal Capital Fund IV LP (“Fund IV”) at its $1.3 billion hard cap.  The firm’s previous fund, Arsenal Capital Partners III LP, was raised in 2012 with $875 million of committed capital....

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