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Quarton Partners advises The Crown Group in its sale to High Road Capital Partners and Charter Oak Equity.

Transaction

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.

Company

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.

Buyer / Investor

High Road Capital Partners is a private equity firm focused on buying and building leading companies at the smaller end of the middle market. High Road Capital Partners was formed in 2007 and currently manages over $335 million of committed capital. Charter Oak Equity is a private equity firm specializing in investments in middle market companies. Charter Oak Capital Partners is based in Westport, Connecticut.

Contact

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Robert S. Parker

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Gregory S. McGowan

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