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Westerville company acquired by New York City private equity firm

Reported by Bizjournals
Apr 7, 2026· 1 min read
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Key Takeaways
  • • Matrix Adhesives, a Westerville-based supplier of adhesive and sealant products, has been acquired by TruArc Partners, a New York City-headquartered private equity firm, in a transaction that closed on April 7, 2026.
  • • The acquisition represents TruArc Partners' entry into the specialty adhesives and sealants manufacturing sector, expanding its portfolio into Central Ohio's industrial base.
  • • The transaction marks a change in ownership from Goldner Hawn, the previous ownership structure, to institutional private equity backing.
Summary
Matrix Adhesives, a Westerville-based manufacturer specializing in adhesive and sealant products, has been acquired by TruArc Partners, a New York City-based private equity firm. The transaction closed on April 7, 2026, transferring the company from prior ownership under Goldner Hawn to TruArc Partners' control.

The acquisition positions TruArc Partners to enter the specialty materials and adhesives sector, adding an established Central Ohio manufacturer to its portfolio. Matrix Adhesives operates as a supplier within the adhesive and sealant products industry, serving manufacturing and industrial customers. The deal reflects continued consolidation activity within the materials and specialty chemicals sector, where private equity firms have demonstrated sustained interest in operationally sound manufacturing platforms with established customer bases.

No deal valuation or transaction terms were disclosed in available public filings as of April 7, 2026. The transaction underscores ongoing acquisition activity in the Columbus metropolitan area across multiple industrial and commercial sectors.

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Sources

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Bizjournals Westerville company acquired by New York City private equity firm