Press Release

Closed Transaction Announcement
Bravaldo Capital Advisors
Has been acquired by:

Bravaldo Capital Advisors (“BCA”) is pleased to announce that Premium Spray Products Group of  Companies (PSP), a Marietta GA based manufacturer of spray foams and specialized polyurethane systems and its Canadian Distributor, PSP Canada, have been acquired by Accella Performance Materials, a maker of polyurethanes and recycled rubber products and a portfolio company of Arsenal Capital Partners since 2012. 

Don Bravaldo and his team at BCA, served as advisors to the sellers and provided critical advice and leverage in negotiations which led to a smooth transaction and optimal outcome for shareholders and invested parties. "I respect the professionalism and appreciated the optimism of the firm, and am grateful for the devotion of BCA’s resources so fully and completely,” said Johanna Salloum, Senior Investment Manager at PFM Capital, the majority stockholder of PSP. “This deal is a rare win-win-win.  BCA helped manage a challenging process as the companies were from different countries. It took a great team effort from everyone involved, and BCA helped bring it together,” said Darren Watson CEO PSP Canada. Mac Hess, President and shareholder, will stay on and lead PSP.

For more information, contact:
Don Bravaldo at dbravaldo@bc-advisors.com or Mark Heyman at mheyman@bc-advisors.com