Private equity firm Iron Path Capital announced a strategic partnership with Gougeon Brothers, the manufacturer of the West System, Pro-Set and Entropy Resins product lines. The deal aims to support organic growth and strategic acquisitions in the composites sector.
“We chose Iron Path, as they share our entrepreneurial spirit and our commitment to each other, our community, our customers and to manufacturing the finest products for our markets,” Gougeon CEO Alan Gurski said in a statement. “We look forward to being a part of the next evolution of GBI.”
Iron Path partner Ted Clark will serve as executive chairman of Gougeon as part of the new advanced-materials platform. Clark has experience in formulated coatings, adhesives and sealants, as well as in composites, having previously led Royal Adhesives & Sealants as president and CEO.
