The Business

Dash Multi-Corp., Inc. (www.dashmulticorp.com) is a St. Louis, Missouri-based custom formulator and manufacturer of vinyl plastisols, polyurethanes, specialty coatings and adhesives, as well as recycled rubber products. Dash’s two primary businesses operate from seven strategically located manufacturing facilities throughout the United States and generate over $100 million in revenue annually. MarChem, Dash’s plastics and chemicals business, is a market leader in the development and manufacture of plastisols, polyurethanes, specialty coatings and adhesives widely used in a variety of industries, including medical devices, consumer products, construction, flooring, textiles and athletic facility surfacing. RB Rubber Products, Dash’s recycled rubber business, manufactures high quality and durable large mat pressed products, rolled rubber and molded goods for commercial flooring and industrial applications. RB Rubber also operates one of the largest tire recyclers in the United States, which processes roughly 30 million pounds of tires into rubber crumb annually.

The Industry

MarChem, Dash’s plastics and chemicals business, operates within the $500+ billion specialty chemicals market. The global specialty chemicals market is expanding, driven primarily by economic growth in emerging regions and increased demand for custom formulations. RB Rubber, Dash’s recycled rubber business, is an innovator and leader within the growing recycled rubber products market. This market is poised to experience further growth and expansion due to the environmental and economic benefits of manufacturing products with recycled rubber.

The Process

Prestwick Partners initiated this transaction and acted as the exclusive financial advisor to Dash Multi-Corp. (St. Louis, Missouri) and its shareholders. Prestwick designed an M&A process, prepared marketing materials, evaluated acquisition proposals and negotiated the transaction with Arsenal Capital Partners, a New York City, New York-based private equity group. Prestwick’s process included both domestic and international strategic acquirers as well as private equity groups.