Polytek Development Corp, a manufacturer of specialty polymers for mold making and casting applications, announced today the acquisition of BCC Products, Inc. Polytek is a portfolio company of Arsenal Capital Partners.
Arsenal announced today the acquisition of Accumen Inc., a leading technology-enabled provider of health system performance optimization solutions, from Accretive, LLC, a specialized investment firm based in New York.
Arsenal today announced that it has completed the previously announced sale of Elite Comfort Solutions, Inc. to Leggett & Platt for $1.25 billion. Leggett & Platt is the leading U.S. manufacturer of bedding components, adjustable beds, bedding industry machinery, automotive seat components, furniture components, flooring underlayment, and high-carbon drawn steel wire.
Meridian Adhesives Group announced today the acquisition of Evans Adhesive Corporation, a leading manufacturer of industrial adhesives. Earlier this year, Arsenal created Meridian as its new platform in the global adhesives and sealants sector, focusing on high-value adhesives technologies.
Diversified manufacturer Leggett & Platt today announced that it has entered into a definitive agreement to acquire Elite Comfort Solutions, Inc. for $1.25 billion in cash. The transaction has been approved by the Board of Directors of Leggett & Platt and is expected to close in January 2019.
Arsenal Capital Partners is a specialized private equity firm that invests in the U.S. middle market with a narrow and deep focus in two sectors, Specialty Industrials and Healthcare. Our philosophy is to partner with talented management teams, provide them with access to world-class operating resources and patient capital, and develop positive, open and constructive relationships that foster long-term value creation.