Lower middle-market investor Acuity Capital Partners has acquired Acme Finishing Company, a Chicago-based powder coating company.
Acme Finishing Company is a provider of powder coating, liquid coating, and decorative powder coating to customers in the lighting, automotive, fencing, and medical industries. Acme has been family-owned since its founding in1932 by William Walters. The company is headquartered in the Chicago suburb of Elk Grove Village (www.acmefinishing.com).
Acuity Capital Partners makes control investments in Midwest-based lower middle-market companies that have annual revenues of at least $5 million. Transaction values typically range from $5 million to $50 million. Sectors of interest include low to mid-technology manufacturing; value-added distribution; and select service companies. The firm is headquartered in Chicago (www.acuitycapllc.com).
Corporate Finance Associates (www.cfaw.com) was the exclusive financial advisor to Acme Finishing Company. The transaction was led by Bob Contaldo, Managing Partner.
© 2015 PEPD • Private Equity’s Leading News Magazine • 8-26-15
