CHATHAM, NJ - Sidereal Capital Group LLC, Chatham, NJ, has partnered with Argosy Private Equity to acquire U∙C Coatings Corp., Buffalo, NY, a manufacturer and distributor of wood-protection products for the logging, lumber, furniture and woodworking industries.

U∙C Coatings Corp.’s flagship ANCHORSEAL®-branded products are an industry-leading line of wax-based emulsion end sealers designed to prevent splitting and degradation of freshly sawn, high-value hardwood logs and lumber during processing. In addition to ANCHORSEAL, the company also offers GEMPAINT®, a water-based paint used by lumber suppliers to brand their products and enhance overall appearance, as well as other related niche market wood protection products.

Sidereal Capital Group LLC is a boutique investment firm providing growth equity and acquisition capital to entrepreneurs and family-owned businesses.