High Road Capital Partners partnered with management and Charter Oak Equity to acquire The Crown Group, Inc. (“Crown”) from the Baer family, founders of Crown. Quarton Partners acted as the exclusive financial advisor to Crown. Crown is a leading provider of coating solutions to industrial end markets.
Crown is headquartered in Warren, Michigan and operates from seven manufacturing facilities in Shelby, Detroit, and Livonia, Michigan; Fort Wayne, Indiana; Portland, Tennessee; Greenville, South Carolina and Waterloo, Iowa. Crown’s range of coating technologies includes electro-coating (“e-coating”), e-coating with powder coating topcoat and water-based wet painting.