Building the Business
Quad-C partnered with Ted Clark, an experienced chemicals executive, and Myers Capital in 2002 with the objective of building a market leading adhesives and sealants company. In 2003, we acquired Royal Adhesives and Sealants, which manufactured a variety of products for the roofing, industrial and commercial markets. Royal subsequently completed six tuck-in acquisitions over the next several years which served to broaden the product offering and customer base and helped drive significant growth for the business. Quad-C was able to improve the operations meaningfully, including consolidating production facilities, to position the Company for further growth.

Successful Sale
After increasing EBITDA more than 150% during our ownership, Quad-C sold Royal in 2010 to a financial buyer with experience in the chemicals industry that saw the opportunity to continue growing the business through acquisitions under the leadership of Ted Clark. Quad-C achieved a strong return on its investment in this transaction.