Key Takeaways
- • Cordatus Capital has made a majority investment in Diamabrush, a floor abrasives manufacturer headquartered in Sterling Heights, Michigan, according to PEI Private Equity.
- • Diamabrush was founded in 2007 and produces consumable abrasive products used to prepare, polish and maintain concrete and terrazzo floors.
- • The deal is categorized as a North American manufacturing transaction; the source does not disclose deal value or the size of the stake acquired.
Summary
Cordatus Capital has taken a majority stake in Diamabrush, a floor abrasives maker based in Sterling Heights, Michigan, according to a brief published by PEI Private Equity and attributed to PE Hub staff. The transaction was listed under the publication's deals coverage for North America and the manufacturing sector.
Diamabrush, founded in 2007, manufactures consumable abrasive products designed for preparing, polishing and maintaining concrete and terrazzo floors. The company operates in a niche within industrial and construction surface care, where demand is tied to commercial flooring installation and maintenance cycles.
The available reporting does not disclose the purchase price, the size of Cordatus's stake beyond the description of a majority position, the seller, or any management changes. Further detail on the transaction terms and the company's financial performance was not included in the source material.
Diamabrush, founded in 2007, manufactures consumable abrasive products designed for preparing, polishing and maintaining concrete and terrazzo floors. The company operates in a niche within industrial and construction surface care, where demand is tied to commercial flooring installation and maintenance cycles.
The available reporting does not disclose the purchase price, the size of Cordatus's stake beyond the description of a majority position, the seller, or any management changes. Further detail on the transaction terms and the company's financial performance was not included in the source material.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.