Goldner Hawn has sold Applied Products, a manufacturer and distributor of adhesive products and thermal product solutions in North America, to Arsenal Capital Partners.
Applied Adhesives is a comprehensive provider of adhesive solutions for the packaging, paper converting, graphic arts, bottle labelling, product assembly, and woodworking industries. Since Goldner Hawn partnered with Applied Adhesives in 2017, the company has completed five acquisitions.
“We are grateful for the outstanding support Goldner Hawn has provided us over the past four years,” says John Feriancek, President and Chief Executive Officer of Applied Adhesives.
Chad Cornell, a Partner at Goldner Hawn, adds: “It has been a pleasure for Goldner Hawn to partner with Dan Horner and Brian Webb in growing Applied Adhesives.”
Roy Seroussi, an Investment Partner of Arsenal, says: “We are delighted to partner with John and his team and excited to have Dan continue on the board.”