Arsenal Capital Partners, a private equity firm that specialises in investments in industrial growth companies, has announced that its global industrial coatings platform, Seal For Life Industries, has acquired Mascoat Ltd. and Verdia, Inc., both privately owned specialty industrial coatings companies. Mascoat, based in Houston, Texas, USA, has been a leading manufacturer of thermal insulation coatings, anti-condensation, and sound damping coatings since 1995. The company serves a wide variety of industries with its coatings such as industrial, marine, commercial, and automotive applications.
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