Insight Equity Holdings LLC, a private equity firm based in Southlake, Texas, through its portfolio company Material Sciences Corporation acquired Continuous Colour Coat Limited, recognized in the market by its tradename Metal Koting. The purchase price was undisclosed.
Headquartered in Detroit, Material Sciences Corporation is a specialty coater and laminator of steel and aluminum products for niche automotive and industrial applications.
Metal Koting provides galvanized, painted, and printed steel and aluminum coils to a variety of companies in the construction, automotive, leisure product and packaging industries.
Material Sciences Corporation was represented in Canada by Goodmans LLP with a team that included Michael Partridge and Matthew Rossetti (corporate/M&A), Jean Anderson, Celia Rhea and Elizabeth Jackman (banking), Jarrett Freeman and Ken Saddington (tax), Nick Staubitz (real estate) and Amalia Berg (IP) and in the United States by Hunton & Williams LLP with a team that included Gregory Schmitt (corporate/M&A), Kim MacLeod, Hillary Peet Paterson and Jessica Tobin (banking) and Alex McGeoch (tax).
Metal Koting was represented by John Wright, James Stranges and Rochelle Perera of Owens Wright LLP.