NEW YORK - Arsenal Capital Partners has acquired Peach State Labs Inc., Rome, GA, a leading provider of specialty polymers and chemicals.
Founded in 1987, Peach State Labs develops a variety of specialty polymers and other unique chemicals for end markets that include flooring, textiles, coatings, consumer products, leather, institutional water treatment and lubricants.
John Televantos, a partner who co-heads Arsenal’s Specialty Industrials Group, said, “Peach State Labs has a long history of innovation in the polymers sector providing unique formulations and solutions to its diverse customers and their applications. The acquisition of Peach State Labs represents a niche platform in our strategy to build a global polymers business offering customized and proprietary solutions.”
The acquisition of Peach State Labs represents the ninth platform acquisition in Arsenal Capital Fund III LP with $875 million of committed capital.