Duracoat: Leader in Coatings Industry Acquired in Strategic Sale
Deal News | Feb 04, 2025 | EIN
Duracoat Finishes, a prominent name in the coatings industry known particularly for its firearm coatings, has been strategically acquired with the assistance of Website Closers, a leading Tech & Internet business brokerage. This acquisition marks a significant phase for Duracoat Finishes, a 24-year-old company recognized for its innovative and high-quality products that serve the firearms, automotive, and industrial sectors. The company’s robust business model is supported by its eCommerce platform and international dealer network, ensuring steady revenue generation. Sam Browning, the new owner, has expressed excitement over taking the reins and is poised to leverage the company's established brand to further elevate its market presence. Amy Potaczek, the seller, emphasized the ease of the sale facilitated by Website Closers and is optimistic about the company’s future under Browning’s leadership. The acquisition highlights the increasing demand for durable, innovative coatings across various industries and projects continued growth for Duracoat Finishes under new leadership.
Sectors
- Coatings Industry
- Mergers & Acquisitions
Geography
- United States – The article is set in the USA, with Tampa, FL being the focal point since both Duracoat Finishes and Website Closers are located there.
Industry
- Coatings Industry – The article relates to the coatings industry as it discusses the acquisition of Duracoat Finishes, a company known for its durable coatings for firearms and other applications.
- Mergers & Acquisitions – The article focuses on the acquisition process facilitated by Website Closers, a brokerage firm specializing in M&A services for tech and internet businesses.
Financials
- – No specific financial details such as deal price or revenue were disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Duracoat Finishes | Target Company | Company | A provider of proprietary coatings, particularly known for firearm coatings, involved in a strategic acquisition. |
| Website Closers | Advisory | Company | A business brokerage firm that facilitated the sale of Duracoat Finishes. Known as the world's largest Tech & Internet M&A brokerage. |
| Sam Browning | Buyer | Person | The new owner of Duracoat Finishes, expressing enthusiasm to continue developing the company's legacy. |
| Amy Potaczek | Seller | Person | The previous owner of Duracoat Finishes, who sold the business and expressed confidence in the new leadership. |