2019

Industry: Manufacturing

Location: Panama City, FL

Buyer: Tnemec Company, Inc.

The DVS Group’s Role: Buyside Advisory

The Deal:
Tnemec Company, Inc., a leading manufacturer of protective coatings, pursued the acquisition of TexˑCote to expand its capabilities into the residential market while strengthening its existing presence across commercial, industrial, and infrastructure applications. The founding families of both companies had maintained a longstanding relationship, which helped facilitate alignment on strategic objectives. Having engaged with both parties in advance, The DVS Group was able to efficiently guide the negotiation and structure of the transaction for the acquisition of TexˑCote’s assets. The partnership positions both brands to leverage their complementary strengths and drive continued growth in their respective markets.

About The DVS Group:
The DVS Group is a professional lower middle market M&A services firm based in Kansas City. We represent both buy-side and sell-side clients domestically and internationally, focusing primarily on businesses with $10M-$250M in revenue. As industry generalists, we specialize in a highly customized approach to owners exiting their business, and proprietary (off-market) deal-flow for our buyers. With over two decades refining our process, the DVS Group is your key to achieving unparalleled growth through acquisition, or a smooth transition through the sale of your business.