Oct. 2, 2014: RectorSeal Announces Acquisition of Evolve Composites
Evolve Manufactures a Range of Products for HVAC Systems
DALLAS — RectorSeal Corp., a leading Houston-based manufacturer of chemical and specialty products for professional tradesmen, has acquired the Polyslab™, Evo-Crete™, and related HVAC brands from Evolve Composites Pty Ltd, based in Queensland, Australia. Evolve manufactures a range of products for HVAC systems. RectorSeal is a portfolio company of Capital Southwest Corp.
“The Evolve transaction is another example of RectorSeal’s demonstrated ability to identify and execute accretive, strategic acquisitions,” said Joseph B. Armes, chairman and chief executive officer of Capital Southwest.