CR COATINGS & LOGISTICS MANAGEMENT GROUP, LLC ACQUIRED WINDSOR METAL FINISHING
Acting on behalf of Windsor Metal Specialties, Inc. dba Windsor Metal Finishing (“Windsor”) and its shareholders, global company sales specialist Benchmark International successfully facilitated the sale of Windsor Metal Finishing to CR Coatings & Logistics Management Group, LLC., (CR Coatings) a portfolio company of D’OrazioCapital Management, Inc.
Windsor was founded in 1992 and is located in Kissimmee, Florida. Windsor is a certified applicator of high-performance PVDF polyvinylidenefluoride coatings.The company has been involved with the finishing of many prestigious projects from Alaska to Saudi Arabia. The company’s noteworthy work can be found in various iconic amusement parks in central Florida and on One World Trade Center in New York. Windsor’s superior performance has allowed them to become the recipient of the Governor’s award for Florida’s #1 sustainable small business.
CR Coatings was founded in 2008 and provides solutions for a wide variety of industrial and manufacturing needs including on-site paint line management, intra-plant logistics, packaging, warehousing, inventory controls, comprehensive quality inspections, or the transportation of goods. CR ensures that customers realize cost reductions and productivity enhancements throughout each step of the process. According to the company’s press release, Jim Colbert, CEO of CR stated that “This transaction will benefit customers across all segments the companies serve.Combining the passion, creativity and operational excellence of the these two leading-edge companies will allow us to better serve customers in offering enhanced strategic services to both current and future customers in the architectural and metal finishing industry.”
Wade Duncan, Benchmark International Senior Associate, commented “The shareholders of Windsor Metal Finishing engaged us after working with another firm who wasn’t able to meet their valuation expectations. We were able to achieve a higher enterprise value for their business due to our unique approach which helps ensure that our sellers leave ‘money’ on the table.”