On February 1, 2021, Convergent Concrete Technologies (CCT), a leading provider of custom concrete surface treatment solutions was acquired by Meridian Adhesives Group, a portfolio company of Arsenal Capital Partners. The acquisition was facilitated by White Falcon investment banking advisors who helped navigate the M&A process and negotiate the terms of the deal.
The acquisition of CCT was part of Meridian Adhesives Group's strategy to expand its portfolio of specialty chemical solutions and enhance its presence in the construction industry. CCT had a proven track record of providing innovative and sustainable solutions to its clients, and the acquisition enabled Meridian Adhesives Group to broaden its offerings and enhance its service capabilities.