{"id":389562,"date":"2020-11-30T08:59:59","date_gmt":"2020-11-30T13:59:59","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=389562"},"modified":"2020-11-30T08:59:59","modified_gmt":"2020-11-30T13:59:59","slug":"olympus-paints-the-corner-with-ennis-flint-sale-to-ppg","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/olympus-paints-the-corner-with-ennis-flint-sale-to-ppg\/","title":{"rendered":"Olympus Paints the Corner with Ennis-Flint Sale to PPG"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">STAMFORD, Conn.<\/span>, <span class=\"xn-chron\">Nov. 30, 2020<\/span> \/PRNewswire\/ &#8212; Olympus Partners is pleased to announce it has agreed to sell Ennis-Flint to PPG (NYSE:PPG). Ennis-Flint is a world leader in pavement markings and traffic safety solutions.<\/p>\n<p>Under Olympus&#8217; ownership since <span class=\"xn-chron\">June 2016<\/span>, Ennis-Flint has made six acquisitions. The company has also added several new manufacturing facilities across <span class=\"xn-location\">North America<\/span>, <span class=\"xn-location\">Europe<\/span> and <span class=\"xn-location\">Australia<\/span>. Ennis-Flint employs nearly 1,000 team members.<\/p>\n<p>\n        <span class=\"xn-person\">Dave Cardenas<\/span>, partner at Olympus, commented: &#8220;We are very happy for the Ennis-Flint organization to have found a logical home with PPG and are deeply appreciative of the partnership on both a personal and professional level. It is a privilege to work with such an outstanding management team. We look forward to seeing what our friends at Ennis-Flint can do with the support of PPG behind them.&#8221;<\/p>\n<p>&#8220;Ennis-Flint has thoroughly enjoyed having Olympus Partners as our financial sponsor, strategic sounding board, and trusted advisor for the past four years. Their support for growth both through internal capital projects as well as acquisitions has been critical to our success,&#8221; said <span class=\"xn-person\">Matt Soule<\/span>, chief executive officer of Ennis-Flint.<\/p>\n<p>The Olympus team included <span class=\"xn-person\">Dave Cardenas<\/span>, <span class=\"xn-person\">Matt Boyd<\/span>, <span class=\"xn-person\">Sam Greenberg<\/span> and <span class=\"xn-person\">Matt Bujor<\/span>. Olympus was advised by <span class=\"xn-person\">Patrick McNulty<\/span> and <span class=\"xn-person\">John Lautemann<\/span> from <span class=\"xn-person\">Harris Williams<\/span>. In addition, Olympus was represented by <span class=\"xn-person\">Benjamin Clinger<\/span> and <span class=\"xn-person\">Matt Goulding<\/span> from Kirkland &amp; Ellis LLP.<\/p>\n<p>\n        <b>ABOUT OLYMPUS PARTNERS<\/b>\n      <\/p>\n<p>Olympus Partners is a private equity firm focused on providing equity capital for middle market management buyouts and for\u00a0companies needing capital for expansion. Olympus manages in excess of <span class=\"xn-money\">$8.5 billion<\/span> mainly on behalf of corporate pension funds, endowment funds and state-sponsored retirement programs. Founded in 1988, Olympus is an active, long-term investor across a broad range of industries including business services, consumer products, healthcare services, financial services, industrial services and manufacturing.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC05712&amp;sd=2020-11-30\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/olympus-paints-the-corner-with-ennis-flint-sale-to-ppg-301181597.html\">http:\/\/www.prnewswire.com\/news-releases\/olympus-paints-the-corner-with-ennis-flint-sale-to-ppg-301181597.html<\/a><\/p>\n<p>SOURCE  Olympus Partners<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC05712&amp;Transmission_Id=202011300856PR_NEWS_USPR_____DC05712&amp;DateId=20201130\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire STAMFORD, Conn., Nov. 30, 2020 \/PRNewswire\/ &#8212; Olympus Partners is pleased to announce it has agreed to sell Ennis-Flint to PPG (NYSE:PPG). Ennis-Flint is a world leader in pavement markings and traffic safety solutions. Under Olympus&#8217; ownership since June 2016, Ennis-Flint has made six acquisitions. The company has also added several new manufacturing facilities across North America, Europe and Australia. Ennis-Flint employs nearly 1,000 team members. Dave Cardenas, partner at Olympus, commented: &#8220;We are very happy for the Ennis-Flint organization to have found a logical home with PPG and are deeply appreciative of the partnership on both a personal and professional level. It is a privilege to work with such an outstanding management team. We look forward to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/olympus-paints-the-corner-with-ennis-flint-sale-to-ppg\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Olympus Paints the Corner with Ennis-Flint Sale to PPG&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-389562","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Olympus Paints the Corner with Ennis-Flint Sale to PPG - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/olympus-paints-the-corner-with-ennis-flint-sale-to-ppg\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Olympus Paints the Corner with Ennis-Flint Sale to PPG - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire STAMFORD, Conn., Nov. 30, 2020 \/PRNewswire\/ &#8212; Olympus Partners is pleased to announce it has agreed to sell Ennis-Flint to PPG (NYSE:PPG). Ennis-Flint is a world leader in pavement markings and traffic safety solutions. Under Olympus&#8217; ownership since June 2016, Ennis-Flint has made six acquisitions. The company has also added several new manufacturing facilities across North America, Europe and Australia. Ennis-Flint employs nearly 1,000 team members. Dave Cardenas, partner at Olympus, commented: &#8220;We are very happy for the Ennis-Flint organization to have found a logical home with PPG and are deeply appreciative of the partnership on both a personal and professional level. It is a privilege to work with such an outstanding management team. 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Ennis-Flint is a world leader in pavement markings and traffic safety solutions. Under Olympus&#8217; ownership since June 2016, Ennis-Flint has made six acquisitions. The company has also added several new manufacturing facilities across North America, Europe and Australia. Ennis-Flint employs nearly 1,000 team members. Dave Cardenas, partner at Olympus, commented: &#8220;We are very happy for the Ennis-Flint organization to have found a logical home with PPG and are deeply appreciative of the partnership on both a personal and professional level. It is a privilege to work with such an outstanding management team. 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