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Generational Equity Advises Northern Composites in its Sale to Krayden

By Generational Equity

Feb 10, 2021, 07:00 et

Northern Composites

Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Northern Composites LLC, to Krayden, Inc. The acquisition closed February 1, 2021.

Located in Hampton, New Hampshire, Northern Composites is a distributor of premium quality composite materials and a manufacturer of Northern Composites branded vacuum bagging materials and accessories. Their products include: Process materials, prepregs, woven reinforcements, component resins, release agents, structural reinforcements, surface treatments, tooling products, and tools & accessories.

Krayden, located in Denver, Colorado, is a leading distributor of specialty chemicals to the aerospace, electronics, transportation, and Industrial sectors. Krayden is an engineered solutions distributor of adhesives, sealants, and specialty chemicals. Partnered with industry leaders like Dow, Henkel, and other leading suppliers, Krayden serves a wide array of global companies in the aerospace, transportation, energy, electronics, and general Industrial markets.

Richard Hewett, GM of Northern Composites said, “Krayden is a great fit with their 18 Global facilities and 60+ outside technical sales representatives. They have a stronger relationship with top tier suppliers and a fantastic reputation for providing technical service and assistance. Our customers will continue to receive a high level of service and have access to a much broader product line.”

Wayne Wagner, President of Krayden, said, “We truly admire Northern Composites, and plan to leverage their expertise in composites, along with their manufacturing and kitting capabilities. They are a perfect complement to our own company culture and approach to business.”

Northern Composite customers will now have access to one of the largest stocking distributors of Dow Silicones, Henkel Adhesives and technologies in all markets, Huntsman, Humiseal (Chase), Alpha Metals, ITW Plexus/Devcon, HB Fuller, Bostik, 3M, Sika and many other premium product lines.

Krayden customers will now have access to the Northern Composites brand of vacuum bagging technologies and accessories, which include bagging films, release films, sealant tapes, breathers, prepregs, peel plies, and kitting.

Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team led by Senior Managing Director of Mergers and Acquisition, Terry Mackin, with the support of  Vice President, Mergers & Acquisitions, Tristan Keefe, successfully closed the deal. Senior Managing Director Ashok Tandon established the initial relationship with Northern Composites.

“By leveraging Northern Composite's unique model, we were able to find the perfect partners in Krayden, a company with solid management that not only understands its market but also has the vision to see what Northern can add to their capabilities in the future,” said Mackin.

About Generational Equity

Generational EquityGenerational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, Generational Consulting Group, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.

With over 250 professionals located throughout North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.  

The M&A Advisor named the company the 2017 and 2018 Investment Banking Firm of the Year and 2020 Valuation Firm of the Year. For more information, visit https://www.genequityco.com/ or the Generational Equity press room.