Axalta Coating Systems

Axalta Coating Systems, LLC is a global coatings company headquartered in Glen Mills, Pennsylvania, that specializes in the manufacture and sale of liquid and powder coatings. Established in 2012, Axalta offers high-performance coating systems across a variety of sectors, including automotive, industrial, and architectural applications. The company operates through two primary segments: Performance Coatings, which serves refinish and industrial markets, and Mobility Coatings, which provides coating technologies for original equipment manufacturers of light and commercial vehicles. Axalta's product portfolio includes waterborne and solvent-borne coatings, thermoplastic and thermosetting powder coatings, and a range of specialized coatings for diverse applications. The company markets its products under various brand names, catering to a global customer base across North America, Europe, the Middle East, Africa, Asia Pacific, and Latin America.

Sobers Sethi

Vice President, Axalta Coating Systems and President, Emerging Markets

12 past transactions

CoverFlexx Group

Acquisition in 2024
CoverFlexx Group is a value-based provider of body shop solutions in the automotive aftermarket, offering quality solutions backed by exceptional customer service, strong technical support, great value-added marketing, and cutting-edge technology.

Capital Paints

Acquisition in 2019
Capital Paints LLC, founded in 2010 and headquartered in Ras Al Khaimah, United Arab Emirates, specializes in the manufacturing of industrial thermosetting powder coatings. The company focuses on architectural powder coatings and offers a range of powder paint and coating products tailored to meet the evolving needs of the market. As of late 2019, Capital Paints operates as a subsidiary of Axalta Coating Systems.

Plascoat Systems

Acquisition in 2017
Plascoat Systems Limited specializes in the manufacture of thermoplastic coating powders designed for the protection of metal and other materials. Its product range includes PPA 571, a coating that offers long-term metal protection, Talisman for wire dishwasher baskets, and WireGuard F40 for wire products. Additionally, it provides coatings suitable for potable water and wastewater applications, oil and gas pipelines, as well as specific industrial needs. The company’s coatings are used across various sectors such as domestic appliances, construction, automotive, marine environments, and medical furniture. Plascoat serves clients in the United Kingdom, Ireland, France, Benelux, and Germany, operating through its facilities in the UK and Holland, along with a network of distributors. Founded in 1952, the company is headquartered in Farnham, United Kingdom, and functions as a subsidiary of Axalta Coating Systems Ltd.

Spencer Coatings

Acquisition in 2017
Spencer Coatings is an independent manufacturer of industrial coatings, specializing in products for heavy-duty equipment, general industries, oil and gas, and glass coatings. The company provides a range of tailor-made corrosion control coatings applicable to various steel structures, as well as water-based coatings and solutions for concrete, wood, and other substrates. By focusing on the specific needs of coatings users and specifiers, Spencer Coatings ensures that its products effectively enhance the durability and longevity of clients' equipment and products. Their ability to deliver customized solutions quickly and efficiently positions them as a reliable partner in the industrial coatings market.

Valspar - Industrial Wood Coatings business

Acquisition in 2017
Valspar Wood, the business has a number of widely known and respected brands including Zenith, Lustre Lac and Graintone, among others. These products are backed by a strong R&D and technology organization and best-in-class customer service.

Century Industrial Coatings

Acquisition in 2017
Century Industrial Coatings, Inc. is a manufacturer of custom industrial coatings, serving both domestic and international markets. Established in 1966 and based in Jacksonville, Texas, the company specializes in a variety of high-performance coatings, including waterborne, low VOC, and solvent-based products. Its extensive range includes coatings for applications such as coil, millwork, OEM, steel doors, storage tanks, and transportation vehicles. These products cater to diverse industries, including steel building, oil and gas, and original equipment manufacturing. With over 50 years of experience, Century Industrial Coatings emphasizes research and development to deliver user-friendly, high-quality coatings that meet specific customer requirements for durability and aesthetics. The company has evolved from a regional operation into a recognized leader in coatings technology, maintaining a commitment to superior performance and environmental compliance. As of early 2017, Century operates as a subsidiary of Axalta Coating Systems Ltd.

Ellis Paint

Acquisition in 2017
Ellis Paint Company, founded in 1887, is a manufacturer and distributor of industrial paints and coatings based in Los Angeles, California. The company specializes in solvent borne primers and coatings, industrial maintenance coatings, heavy duty industrial coatings, and specialty coatings. Its products cater to a diverse range of industries, including job shops, steel fabricators, specialty manufacturers, and field contractors, and are used on various surfaces such as steel buildings, heavy equipment, pipelines, and construction equipment. Ellis Paint has established a strong presence in the Southern California market, serving notable clients like Southern California Edison and Boeing. Originally run by the Ellis family, the company underwent ownership changes, including its acquisition by Robert O. Berg in 1969. The company’s headquarters is located at a facility in Los Angeles that was previously a West Coast Sherwin Williams plant. Ellis Paint continues to operate as a subsidiary of Axalta Coating Systems Ltd., delivering comprehensive coating solutions for both industrial and automotive applications.

Geeraets Autolak

Acquisition in 2016
Geeraets Autolak BV is a distributor of refinish coating products, primarily serving the body repair industry, construction sector, shipyards, municipal institutions, fleet companies, and car dealers. As a subsidiary of Axalta Coating Systems Ltd., the company specializes in providing high-quality painting services tailored to the needs of these diverse markets. Geeraets Autolak is committed to delivering reliable solutions that meet the specific requirements of its clients, ensuring a strong presence in the coatings sector.

United Paint & Chemical - Interior Rigid Thermoplastics Coatings Business

Acquisition in 2016
United Paint & Chemical - Interior Rigid Thermoplastics Coatings Business provides thermo plastics coating business.

High Performance Coating

Acquisition in 2016
High Performance Coating is a manufacturer of automotive coating paints located in Shah Alam, Malaysia. The company specializes in the production of refinish coatings and related chemicals designed for the automotive industry, catering primarily to the South East Asian market. With a team of experienced professionals, High Performance Coating focuses on delivering quality finishes that enhance the appearance and durability of various surfaces. Their expertise in automotive refinishes and paint manufacturing enables them to provide comprehensive color solutions and systems tailored to meet the specific needs of their clients.

Dura Coat Products

Acquisition in 2016
Dura Coat Products, Inc. specializes in the development and manufacture of coatings designed to protect metal substrates, focusing primarily on the construction and general industrial sectors. Established in 1986 and headquartered in Riverside, California, with an additional facility in Madison, Alabama, the company produces a range of products, including coil coatings for building components, coatings for aluminum extrusions, and various interior and exterior tube coatings. Dura Coat is recognized for its innovative brands such as Durapon™ and Ceranamel™, which are formulated to meet diverse construction needs while adhering to environmental standards. The company's commitment to sustainability is evident in its production of environmentally friendly coatings that comply with Cool Roof, Energy Star, and LEED certification. Dura Coat's products are distributed across the United States and exported to several countries, including Mexico, Canada, and the United Kingdom. As of 2016, Dura Coat operates as a subsidiary of Axalta Coating Systems Ltd.
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