June 30, 2015 – CIM Partners has advised Peach State Labs, Inc. (“PSL”), a leading provider of specialty polymers and chemicals, on its sale to Arsenal Capital Partners. The terms of the transaction were not disclosed.
Founded in 1987 and headquartered in Rome, Georgia, Peach State Labs is a developer of a variety of specialty polymers and other unique chemicals to a number of end markets, including flooring, textiles, coatings & paints, consumer products, leather, institutional water treatment and lubricants. More information regarding PSL can be found on www.PeachStateLabs.com.
Arsenal Capital Partners is a leading New York-based private equity firm that invests in lower middle market healthcare and specialty industrial companies. Arsenal makes investments in sectors where the firm has significant prior knowledge and experience. Arsenal targets businesses that have the potential for further value creation by working closely with management to accelerate growth and leverage the firm’s operational improvement capabilities. Arsenal currently has $1.7 billion of committed equity capital. For additional information on Arsenal Capital Partners, please visit www.arsenalcapital.com.