Olympus Partners nears deal for paint company Ennis-Flint

Olympus Partners LP is in advanced talks to acquire Ennis-Flint, the world’s largest producer and supplier of pavement markings, from Brazos Private Equity Partners LLC, according to three people familiar with the matter.

A deal will likely value Ennis-Flint between $600 million and $700 million, including debt, the people said, asking not to be identified because the talks are confidential. Olympus prevailed over other private equity firms vying for Ennis-Flint, including Advent International ...

This content is available for Buyouts subscribers only. Request a free trial to get access for a limited period

If you already have an active Buyouts subscription, please sign in to view this article.