Royal Adhesives & Sealants LLC, a portfolio company of American Securities LLC, said Monday it acquired the business assets of Weld Mount Systems. Financial terms weren’t announced. Durham, Connecticut-based Weld Mount provides fasteners designed for applications such as wire tie mounts, hose and cable clamps, studs, standoffs, and floating nut plates.
SOUTH BEND, Ind., Feb. 1, 2016 /PRNewswire/ — Royal Adhesives & Sealants LLC (“Royal”), announced today that it has acquired the business assets of Weld Mount Systems (“Weld Mount”).
Based in Durham, CT, Weld Mount’s unique line of adhesively-bonded fasteners are designed for applications such as wire tie mounts, hose and cable clamps, studs, standoffs, and floating nut plates. All of Weld Mount fasteners are mounted with specially developed methyl methacrylate structural adhesives, which hold the parts in place on a vertical or overhead surface while curing to a permanent high strength bond.
“Weld Mount’s adhesively-bonded mechanical fastener systems add a new dimension to the broad set of structural adhesive solutions we offer to our global marine, defense, transportation and assembly customers, who are rapidly adopting advanced composites and engineered plastics into their product designs where traditional mechanical fasteners cannot be used,” said Ted Clark, Chief Executive Officer of Royal.
David Estabrook, The Founder and President of Weld Mount said, “Royal, with its global reach and solution provider sales model and in depth knowledge of the marine, defense, transportation and assembly markets, is ideally positioned to continue to drive and support the rapid growth of the Weld Mount product line.”
About Weld Mount
Founded in 2004, Weld Mount Systems develops, manufactures and supplies its unique adhesive fastening system to OEMs and distributors across the USA and Europe. Weld Mount develops innovative adhesively bonded fasteners that provide cost savings and improved product quality to the marine, defense and transportation and assembly markets. www.weldmountsystems.com.
About Royal Adhesives & Sealants
Royal Adhesives & Sealants is a global developer and manufacturer of proprietary, high-performance adhesives and sealants. Headquartered in South Bend, Indiana, Royal offers a broad range of specialty formulated products designed to solve complex bonding, laminating and sealing applications across a diverse range of markets including aerospace and defense, construction, specialty packaging, automotive and industrial. The company offers a broad spectrum of customized thermosetting epoxy and urethane, solvent-based and water-based technologies to meet the most demanding adhesive and sealant applications. For additional information on Royal, please visit www.royaladhesives.com.
About American Securities LLC
American Securities is a leading U.S. private equity firm with approximately $15 billion under management. Based in New York with an office in Shanghai, American Securities invests in market-leading North American companies with annual revenues generally ranging from $200 million to $2 billion and/or $50 million to $200 million of EBITDA. www.american-securities.com.