NEW YORK CITY - Delos Capital LLC, a recently launched private-equity firm based in New York City, has acquired California Products Corp. (CPC). The acquisition closed November 27, 2013.

CPC is a privately held, Massachusetts-based manufacturer of water-based specialty chemical coatings used in consumer and industrial applications, including tennis court and track recreational coatings, high-end consumer paints and stains, and specialized environmental remediation coatings.

Founded in 2013, Delos Capital LLC invests in North America-based, lower-middle-market companies in the chemicals, packaging, industrials and consumer sectors.