National Industrial Coatings, Inc.

Investment Date

November 2010

Exit Date

April 2015

Realized Investment

Nicoat is a leading developer and manufacturer of water-based and energy-curable coatings. Founded in 1982, the company manufactures high-performance products for graphic arts, flexible packaging, and other specialty coating applications.

Chicago, Illinois


“We are extremely excited to partner with Caltius Equity, especially given their past success in the specialty chemicals industry. The management team and I are impressed by their thorough understanding of the business. Having a knowledgeable partner will help us continue to achieve our strategic growth initiatives.”

Chuck Turnbull, President, National Industrial Coatings, Inc.

www.nicoat.com