Carolina Coating Solutions and Industrial Services Inc.

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Carolina Coating Solutions and Industrial Services Inc. - overview

Established

1999

Location

Morrisville, NC, US

Primary Industry

Chemicals

About

Carolina Coating Solutions is a provider of advanced coating products aimed at enhancing surface durability and performance across various industries, including automotive, aerospace, and manufacturing. Founded in 1999 and headquartered in Morrisville, US, Carolina Coating Solutions specializes in protective coating solutions. The company was acquired by Superior Industrial Maintenance Company, Inc. in August 2019, though the financial terms were not disclosed.


The firm has executed a total of 1 deal since its inception. Carolina Coating Solutions specializes in a range of advanced coating products designed to enhance the durability and performance of surfaces across various applications. The company’s core offerings include protective coatings that are engineered to resist corrosion, abrasion, and chemical exposure, making them suitable for industries such as automotive, aerospace, and manufacturing. These products are formulated to meet the specific needs of clients looking for reliable solutions to extend the lifespan of their materials and equipment.


The company serves a diverse client base, including manufacturers, contractors, and end-users in North America and Europe, ensuring that their coatings meet industry standards for safety and performance. Carolina Coating Solutions places a strong emphasis on innovation, continuously updating their product line to incorporate the latest advancements in coating technology. Revenue generation for Carolina Coating Solutions is structured primarily through B2B transactions, where the company partners with manufacturers and distributors to deliver its specialized coating products. Clients typically engage in bulk purchasing agreements, allowing them to acquire large quantities of coatings for their production needs.


The firm may offer tiered pricing plans based on order volume, incentivizing higher purchases with discounted rates. Flagship products, which are well-recognized in the market, form a significant part of the revenue stream, ensuring consistent demand from established partners and new clients alike. Through these strategic transactions, Carolina Coating Solutions positions itself as a key player in the coatings sector, maintaining a focus on quality and customer satisfaction. Looking ahead, Carolina Coating Solutions aims to expand its product offerings with new advanced coatings targeting specific industry needs, although specific launch dates are not disclosed.


Plans for geographic expansion are focused on increasing presence in emerging markets across North America and Europe by 2025. The recent acquisition by Superior Industrial Maintenance Company, Inc. will provide strategic support and resources for these initiatives.


Current Investors

Superior Industrial Maintenance Company, Inc.

Primary Industry

Chemicals

Sub Industries

Facilities & Maintenance Services, Paints & Coatings

Website

www.carolinacoatingsolutions.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Carolina Coating Solutions and Industrial Services Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedCarolina Coating Solutions and Industrial Services Inc.-

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