TruArc Partners Acquires Matrix Adhesives Group
Matrix Adhesives Group has announced its acquisition by TruArc Partners, a private equity firm focused on middle-market investments in business services and specialty manufacturing.
According to Matrix, the transaction is intended to support the company’s next phase of growth by expanding capabilities, strengthening operational infrastructure, and supporting both organic growth and future acquisitions across North America.
Matrix stated that it has developed a platform built around formulation expertise, specialty packaging capabilities, and a portfolio that includes branded, proprietary, and private label products. The company said TruArc’s investment is expected to provide additional resources to support expansion of product technologies and broader platform development in adhesives and sealants.
“We are incredibly proud of what our team has built with Goldner Hawn and energized for what comes next,” said DJ Johnson, CEO of Matrix Adhesives Group. He said the company expects the partnership with TruArc to support growth, innovation, and strategic acquisitions while maintaining customer relationships.
Matrix also stated that it will continue operating with its current leadership team, employees, and brand identity. According to the company, customers and partners should not expect changes to day-to-day operations, product availability, or technical support as a result of the transaction.
John Pless, Co-Managing Partner at TruArc Partners, said the firm views Matrix as having a strong foundation and expects to support its continued growth through both organic initiatives and targeted acquisitions.
Matrix said it will maintain its focus on serving construction, industrial, commercial, and specialty markets with adhesive and sealant products and technical support.
Source: Matrix Adhesives Group / TruArc Partners