Private equity firm Arsenal Capital Partners will buy Dash Multi-Corp. for an undisclosed amount.
Dash, headquartered in Saint Louis, Mo., manufactures formulated polyurethane, vinyl plastisol, specialty coatings and recycled rubber products. Arsenal bought Dash from its founder, entrepreneur Marvin Wool, who started the company in 1973.
New York based Arsenal focuses on investing in middle-market specialty industrial and healthcare companies. The firm's portfolio companies include Fluoro-Seal, IGM Resins and DG3.
Arsenal portfolio company Royal Holdings Inc. acquired Adhesives Packaging Specialties Inc. in December.