Venture Capital Access Online | The eMarketplace for the Venture Capital Industry

 

Bookmark and Share   

Home

Marketplace
Database
Deals
News
Store
Resources
Contact Us

 

 

 

News

VCPro Database 2014 (17th Edition) Now Available! Newly released


Venture Capital Deals Spreadsheet Now Available Newly released


 

Delos Capital Acquires California Products Corporation

NEW YORK, December 5, 2013-- Delos Capital, LLC (“Delos”), a recently launched private equity firm based in New York City, announced today the acquisition of California Products Corporation (“CPC” or the “Company”), which closed on November 27th. Delos sourced as well as led the transaction and partnered with Satori Capital, LLC and other co-investors.

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.

“Delos is excited to partner with CPC’s management team for the next stage of the Company’s growth,” said Matthew Constantino, founder of Delos. “CPC is a best-in-class company in the specialty coatings and paints sector, and we are confident that this partnership between management and the investor group will strengthen the Company’s market position.”

“CPC’s experienced management team looks forward to working with Delos to accelerate our growth and leverage our platform into new products and markets,” said Peter Longo, Chairman and Chief Executive Officer of CPC.

Steven McMenamin, Chief Operating Officer of CPC, added, “CPC’s management expertise, combined with Delos’ business acumen and wide network of contacts, will help us formulate new strategic directions and take full advantage of a growing market.”

About Delos Capital, LLC

Delos Capital, LLC, founded in 2013, invests opportunistically in North America-based lower middle-market companies in the Chemicals, Packaging, Industrials, and Consumer sectors. The Delos team has a long track record of success in executing complex transactions in these industries and employs a value-oriented sector-driven approach coupled with leveraging trends in the interrelated credit and equity markets.

About Satori Capital, LLC

Satori Capital is a middle-market growth capital private equity firm based in Dallas, Texas. Satori partners with management teams that are building significant long-term value and whose businesses meet a set of criteria it describes as sustainability. These businesses deliver strong returns by operating with a long-term perspective, committing to their mission or purpose, and focusing on creating value for all stakeholders. The investment team has a long and successful track record as private equity investors and as founders and chief executive officers.

Contact:
Delos Capital, LLC
Andrew Schweibold, 212-257-4448
andrew.schweibold@deloscap.com
or
California Products Corporation
Steven McMenamin
s.mcmenamin@calprocorp.com


News Index

Venture Capital Database

Venture Capital Deals Spreadsheet

 

 NEWS

Latest VC News
VC News Archive
News Search
Venture Capital Deals New
RSS News Feed

List Your Firm

Entrepreneurs
Investors
Advisors

Venture Capital Database

VCPro Database
Download Trial
Buy Now

Venture Capital Deals

vcaDeals
Download Sample
Buy Now

VC Tools

Venture Capital StarterPak
VC Pitch
Private Placement Memorandum
Confidentiality Agreement Package
Series A Preferred Term Sheet
Bridge Financing Contract
Employment Agreements
Understanding Employee Stock Options

Business Plan Tools

Free Business Plan Template
Sample Business Plans
Business Plan Pro

 

 

Copyright © 1998-2014 Access InterComm  All rights reserved. 
Site Map | Privacy Statement | Legal Notice & Disclaimer