Dominus Capital, L.P. a middle market private equity firm based in New York, announced the sale of W.F. Taylor, LLC to Meridian Adhesives Group. Taylor is a leading specialty flooring adhesives and sealants manufacturer with operations in Dalton, Georgia and Fontana, California.
“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.”
Lazard Middle Market LLC served as financial advisor and White & Case LLP served as legal counsel for Taylor.