Progress Paint Manufacturing

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Progress Paint Manufacturing - overview

Established

1912

Location

Louisville, KY, US

Primary Industry

Chemicals

About

Progress Paint Manufacturing is a specialized producer of high-quality paints and coatings for residential, commercial, and industrial applications, focusing on durability and aesthetic appeal. Founded in 1912, Progress Paint Manufacturing operates from Louisville, US, offering a variety of paint products. The company was acquired by California Products Corp. , a portfolio company of Apollo Capital Management, RCP Advisors, and Satori Capital, in September 2009.


Progress Paint Manufacturing specializes in high-quality interior and exterior paints and architectural coatings, designed to meet the diverse needs of residential, commercial, and industrial clients. Their product range includes various paint formulations suitable for different surfaces, ensuring durability and aesthetic appeal. They provide effective solutions for challenges related to paint longevity and application ease, catering to professional painters, DIY enthusiasts, and retail partners across key U. S.


markets, including California, New York, and Texas. Progress Paint Manufacturing’s revenue primarily arises from direct sales to consumers and business-to-business transactions with retailers and distributors. The company collaborates with home improvement stores and paint retailers to enhance market access. Transactions include bulk orders from commercial clients and individual sales at retail locations, positioning their premium products at higher price points to reflect quality and performance.


Progress Paint Manufacturing aims to introduce new products designed for specific market needs, although specific release dates are not detailed. The company is exploring expansion into additional geographic regions to enhance its market presence. The acquisition in September 2009 by California Products Corp. is expected to facilitate these growth initiatives.


Current Investors

California Products Corporation

Primary Industry

Chemicals

Sub Industries

Paints & Coatings

Website

www.progresspaint.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Progress Paint Manufacturing - 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-onCompletedProgress Paint Manufacturing-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.