Detroit-based Huron Capital has co-founded Brudner Polymer Corp. with David Brunori to build a platform company in the adhesives and sealants industry. Through Brudner, Huron Capital plans to invest in technologically advanced adhesive and sealant companies serving a variety of locations and end markets.
“We are excited to partner with David Brunori, an experienced operator,” says Mike Beauregard, a senior partner at Huron Capital. “This is Huron Capital’s 15th ExecFactor platform and the fourth in the specialty chemicals space after Quest Specialty Chemicals, Optimum Plastics, and Valentus Specialty Chemicals. We think our executive-led buy-and-build investment model is well suited for this industry.”
The Brudner initiative is targeting large companies with the following characteristics:
- Focus on fragmented end markets including construction/infrastructure, transportation, and OEM/assembly
- Proven ability to meet customer needs with unique adhesive or sealant solutions and exceptional customer service
- Annual revenue of least $20 million
- Strong recurring revenue base with high customer retention.
Huron Capital is an operationally-focused private equity firm that has raised more than $1.7 billion since 1999. Brudner Polymer Corp. is the companies 15th company launched under the ExecFactor buy-and-build investment platform.