About the Deal
RESEARCH PRODUCTS CORPORATION, headquartered in Madison, Wisconsin, is a leading manufacturer of innovative indoor air quality solutions for residential and commercial applications. Sold internationally, core brands include Aprilaire®, EZ Kleen®, and Kleen Gard®. Introduced in the 1950s, PAINT ARRESTORS is a global product line of expanded paper filters providing optimum performance for paint booth overspray collection.
COL-MET ENGINEERED FINISHING SOLUTIONS, located in Rockwall, Texas, is a market leading manufacturer of industrial paint booths, powder booths, ovens, washers, air makeup units, and other complex finishing systems. The company serves customers across diverse markets, including industrial, automotive, large equipment and other high-capacity finishing applications.
The acquisition of the Paint Arrestors product line extends Col-Met’s product portfolio and expands the company’s ability to serve and support its distribution network.
BRIDGEWOOD ADVISORS initiated this transaction, assisted in negotiations and acted as exclusive financial advisor to Research Products Corporation.