Arsenal Capital Snaps Up Tire Flatproofer Arnco

Law360, New York (May 1, 2013, 1:23 PM EDT) -- New York middle-market private equity firm Arsenal Capital Partners Inc. has acquired California polyurethane product manufacturer Arnco Corp. on behalf of Arsenal's industrials portfolio company, Dash Multi-Corp., Arsenal said Wednesday.

The acquisition is part of Arsenal's long-term effort to build up its industrials and specialty chemicals portfolio. The PE firm acquired Dash in December with the intent of creating a global polyurethane and specialty materials conglomerate.

Financial terms of the deal were not disclosed. An Arsenal spokesman declined to comment beyond the firm's press release....
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