Painters Supply & Equipment Co. on Tuesday said it completed an acquisition of Specialty Coatings, Inc, a distributor of paints, coatings and supplies for industrial, marine, architectural and government applications in the U.S.
Financial terms were not disclosed.
“SCI is a strong distributor with a solid reputation of providing industry-leading products and value-added services to various specialty coatings end-users,” said Patrick Mayette, president & CEO of PSE. “The addition of the SCI team reinforces our continued commitment to aggressively grow our specialty coatings business.”
Dan Brownlee, founder and owner of SCI, will join PSE as part of the regional leadership team, PSE said.
“He and his team will continue to service their customers at a high level, while driving continued specialty coatings segment growth for PSE,” PSE said.
PSE now has 52 branch locations and three distribution centers across Michigan, Georgia, Illinois, Indiana, Maryland, Missouri, North Carolina, Ohio, Pennsylvania and Virginia. The company serves more than 8,200 customers, including collision repair shops, auto dealerships, fleet operators, and various other commercial, industrial and aerospace businesses.