WARREN, Mich. — Conquest Firespray announced that Pacific Growth Investors (PGI) of Torrance, California, has taken a position in Conquest Firespray through a strategic investment that closed this month. FMI, a Raleigh, North Carolina-based management consulting and investment banking firm, served as a facilitator in the transaction. The terms remain confidential.
With this investment, PGI recognizes that Conquest Firespray is at an inflection point in its growth, with recent year-over-year gains in sales, fueled by increasing acceptance of Flamebar® coated systems.