NEW YORK – Arsenal Capital Partners (Arsenal) has acquired Arnco, one of the world’s largest suppliers of polyurethane products. Arnco is the first acquisition of Arsenal under the umbrella of Dash Multi-Corp. (Dash), a platform portfolio company focusing on polyurethane systems, vinyl plastisols and recycled rubber products.
Established in 1971, Arnco operates through five main business units: Arnco Tire Flatproofing, the world’s largest manufacturer of tire flatproofing systems; Arnco Performance Polymers, a leading innovator and manufacturer of high-performance polyurethane systems; Carefree Tire, supplier of an extensive line of lightweight solid, micro-cellular polyurethane tires; Arnco Construction Products, which creates flexible and rigid roofing spray foams and UV protective coatings; and Arnco Europe, based in Manchester, UK, provider of manufacturing and customer support for three continents. Arnco, South Gate, CA, has global manufacturing capabilities in South Gate, CA; Berea, OH; Manchester, England; and Jiaxing City, China.
Arsenal is a New York-based private equity firm that invests in middle-market specialty industrial and healthcare companies. The company acquired Dash on December 26, 2012, to create a leading global polyurethane and specialty materials platform. The investment in Dash follows Arsenal’s specialty industrial investments in 2012, which included IGM Resins, Plasticolors Inc., Evonik’s Colorants business and Fluoro-Seal Holdings.