Dominus Capital Announces Sale of W.F. Taylor

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Sep 25, 2018, 14:43 ET

NEW YORK, Sept. 25, 2018 /PRNewswire/ -- Dominus Capital, L.P. ("Dominus"), a middle market private equity firm based in New York, announced today the sale of W.F. Taylor, LLC ("Taylor") to Meridian Adhesives Group ("Meridian"). Taylor is a leading specialty flooring adhesives and sealants manufacturer with operations in Dalton, GA and Fontana, CA. "In partnership with Dominus, Taylor has transformed over the past three years," said Dan Pelton, CEO of Taylor. "Dominus supported our journey from a family owned business to a professional chemicals company, and we would like to thank them for their support and contribution to our success."

"Dominus brought several resources to the business," said Bob Haswell, Partner at Dominus. "We hired Dan Pelton as an operating executive to bring his expertise in the chemicals space. Additionally, operating partner Mac Bridger brought his long history and connections in the flooring industry. By significantly augmenting the senior management team, releasing a completely new line of signature products, and continuing development of environmentally-friendly and high-performance products, Taylor has become a leading player in advanced flooring adhesives. The company is now very well positioned to drive growth for Meridian and its investors."

Gary Binning, Managing Partner of Dominus added, "Taylor is very representative of the typical Dominus transaction. When Dominus acquired the family-owned Taylor, it was a strong player in the niche market for flooring adhesives and had the potential for significant growth. Dominus was able to bring significant resources to professionalize the business and grow organically."

Lazard Middle Market LLC served as financial advisor and White & Case LLP served as legal counsel for Taylor.

About W.F. Taylor, LLC

Since the 1980s, designing for the environment has been part of Taylor's innovative fabric. Taylor's Research and Development Team designs the highest performing flooring adhesives in the industry with environment, health and safety in mind. With over half of its products independently tested and awarded environmental certifications, Taylor has led the flooring adhesive industry in progressive environmental practices. For more information, visit http://www.wftaylor.com.

About Dominus Capital, L.P.

Dominus is a leading middle-market private equity partnership with an operating focus. Drawing on the experience, knowledge and network of its founders and a team of in-house operating executives, Dominus works hand-in-hand with exceptional management teams to unlock the untapped potential of its portfolio companies. The Dominus team members have executed over fifty transactions in the middle market over the past twenty years. Dominus takes a long-term and conservative approach to investing and is proud to have a very consistent and successful track record of creating significant value at businesses in which it has invested. For more information, visit http://www.dominuscap.com.

About Meridian Adhesives Group

Meridian Adhesives Group is a leading manufacturer of high-value adhesives and sealants technologies. Its portfolio of solutions includes high-performance specialty epoxy, polyurethane, and hybrid adhesives for the electronics, medical, construction, and infrastructure markets. The company has operations in Billerica, MA and Pompano Beach, FL. For more information, visit www.atcepoxy.com and www.epotek.com.

SOURCE Dominus Capital, L.P.