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Huron Capital Sells Portfolio Company Quest Specialty Chemicals DETROIT, March 23, 2011 /PRNewswire/ -- Huron Capital announced today that it has sold its interest in Quest Specialty Chemicals, Inc. ("Quest" or the "Company") in a transaction that produced 4.1 times its original investment. In order to give effect to the transaction, Quest was recapitalized by Audax Group, Moelis Capital Partners, and Quest management. Huron's investment in Quest was the 2nd largest equity investment made through The Huron Fund II, LP, a $185,000,000 fund which had its final close in May 2005. UBS Investment Bank advised Quest on the transaction and Honigman, Miller, Schwartz and Cohn served as counsel to Quest. Founded in 2003 by Huron and chemical industry veterans Frederick Quinn and Gerard Loftus, Quest is a leading specialty chemicals company engaged in the formulation, manufacturing, and marketing of coatings designed to repair, restore, and preserve the assets of its customers. With operations headquartered in Menomonee Falls, WI, and additional manufacturing and warehousing facilities in Walled Lake, MI, Charleston, SC, and Phoenix, AZ, Quest serves a variety of industries, including the automotive aftermarket, general industrial, and commercial re-roofing end markets. For more information, click here.
QCP acquires IPC's coatings business Phoenix, AZ – July 6, 2011 – Quest Construction Products, A division of Quest Specialty Chemicals announced that it has acquired the coatings business of Integrated Paving Concepts (IPC) of Vancouver, Canada. Since its founding in 1992, Integrated Paving Concepts has specialized in decorative Stamped Asphalt & Asphalt Coating Technology, facilitating innovative streetscape and hardscape designs. “The acquisition of IPC’s coatings technology adds to our product and market offerings in our objective to provide the building owner multiple solutions with his building envelope. Our line includes solutions from waterproofing roofs to creating aesthetic surfaces for parking lots, walkways or residential driveways” said Charlie Van Gelder, Vice President, Quest Construction Products. Quest Construction Products is a leading manufacturer in Fluid Applied Roofing Systems and high performance roof coatings over polyurethane foam, as well as Architectural and Industrial finishes. The company will utilize its National Sales force to assist contractors in expanding their business across the country. The company also has international distribution and anticipates continued growth internationally in conjunction with its existing product line. Quest Specialty Chemicals, founded in 2004 by industry executives Fred Quinn (CEO) and Gerry Loftus (President/COO), is a manufacturer of specialty coatings for the building industry, automotive and OEM industrial coatings, including aerosols, with operational headquarters in Menomonee Falls, WI. Since 2004 Quest has completed eight corporate acquisitions.
Quest listed in Coatings World's annual report - 2011 Top Companies July 2011 – Quest Specialty Chemicals has been listed in Coatings World's annual report profiling the world's TOP MANUFACTURERS of paints, coatings, adhesives, and sealants. Among the 86 worldwide companies listed, Quest is one of only 19 US companies profiled. Quest Specialty Chemicals was founded by CEO, Fred Quinn and his business partner COO, Gerry Loftus. Quest is a leading specialty chemicals company engaged in the formulation, manufacturing, and marketing of coatings designed to repair, restore, and preserve the assets of its customers. Together, QSC's portfolio of companies generated $113 million of revenue in 2010. Quest Construction products, a business unit of Quest Specialty Chemicals, is dedicated to maintaining Quest's vision of "Repairing, Restoring, and Preserving the Assets of Our Customers". http://www.coatingsworld.com/issues/2011-07//
Hydro-Stop & United Coatings sites achieve ISO Certifications Quest Construction Products LLC, a division of Quest Specialty Chemicals, is proud to announce that all QCP manufacturing sites have been certified to both the ISO 9001:2008 Quality and ISO 14001:2004 Environmental standards. The International Organization for Standardization (ISO) is the largest and most recognized organization in the world that develops global standards for business. Auditors examined work processes, quality management and control systems, as well as environmental impact procedures. After a nine month process and multiple site audits, Perry Smith, Charleston Plant Superintendent, is happy to display the ISO certification documents in the front lobby. "Achieving the ISO certifications validates our ongoing emphasis on manufacturing high quality products while ensuring that our environmental impact is continually reduced. We are proud of our newest certifications and will strive to set the industry benchmark in these areas as well as in safety and sales.” QCP has two manufacturing facilities – one in Charleston, SC and one in Phoenix, AZ. From these two sites, QCP manufactures products under the Hydro-Stop, United Coatings, and StreetBond brand names.

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Huron Capital Sells Portfolio Company Quest Specialty Chemicals

DETROIT, March 23, 2011 /PRNewswire/ -- Huron Capital announced today that it has sold its interest in Quest Specialty Chemicals, Inc. ("Quest" or the "Company") in a transaction that produced 4.1 times its original investment. In order to give effect to the transaction, Quest was recapitalized by Audax Group, Moelis Capital Partners, and Quest management. Huron's investment in Quest was the 2nd largest equity investment made through The Huron Fund II, LP, a $185,000,000 fund which had its final close in May 2005. UBS Investment Bank advised Quest on the transaction and Honigman, Miller, Schwartz and Cohn served as counsel to Quest.

Founded in 2003 by Huron and chemical industry veterans Frederick Quinn and Gerard Loftus, Quest is a leading specialty chemicals company engaged in the formulation, manufacturing, and marketing of coatings designed to repair, restore, and preserve the assets of its customers. With operations headquartered in Menomonee Falls, WI, and additional manufacturing and warehousing facilities in Walled Lake, MI, Charleston, SC, and Phoenix, AZ, Quest serves a variety of industries, including the automotive aftermarket, general industrial, and commercial re-roofing end markets.

For more information, click here.

QCP acquires IPC's coatings business

Phoenix, AZ – July 6, 2011 – Quest Construction Products, A division of Quest Specialty Chemicals announced that it has acquired the coatings business of Integrated Paving Concepts (IPC) of Vancouver, Canada. Since its founding in 1992, Integrated Paving Concepts has specialized in decorative Stamped Asphalt & Asphalt Coating Technology, facilitating innovative streetscape and hardscape designs.

“The acquisition of IPC’s coatings technology adds to our product and market offerings in our objective to provide the building owner multiple solutions with his building envelope. Our line includes solutions from waterproofing roofs to creating aesthetic surfaces for parking lots, walkways or residential driveways” said Charlie Van Gelder, Vice President, Quest Construction Products.

Quest Construction Products is a leading manufacturer in Fluid Applied Roofing Systems and high performance roof coatings over polyurethane foam, as well as Architectural and Industrial finishes. The company will utilize its National Sales force to assist contractors in expanding their business across the country. The company also has international distribution and anticipates continued growth internationally in conjunction with its existing product line.

Quest Specialty Chemicals, founded in 2004 by industry executives Fred Quinn (CEO) and Gerry Loftus (President/COO), is a manufacturer of specialty coatings for the building industry, automotive and OEM industrial coatings, including aerosols, with operational headquarters in Menomonee Falls, WI.

Since 2004 Quest has completed eight corporate acquisitions.

Quest listed in Coatings World's annual report - 2011 Top Companies

July 2011 – Quest Specialty Chemicals has been listed in Coatings World's annual report profiling the world's TOP MANUFACTURERS of paints, coatings, adhesives, and sealants.

Among the 86 worldwide companies listed, Quest is one of only 19 US companies profiled.

Quest Specialty Chemicals was founded by CEO, Fred Quinn and his business partner COO, Gerry Loftus. Quest is a leading specialty chemicals company engaged in the formulation, manufacturing, and marketing of coatings designed to repair, restore, and preserve the assets of its customers. Together, QSC's portfolio of companies generated $113 million of revenue in 2010.

Quest Construction products, a business unit of Quest Specialty Chemicals, is dedicated to maintaining Quest's vision of "Repairing, Restoring, and Preserving the Assets of Our Customers".
http://www.coatingsworld.com/issues/2011-07//

Hydro-Stop & United Coatings sites achieve ISO Certifications

Quest Construction Products LLC, a division of Quest Specialty Chemicals, is proud to announce that all QCP manufacturing sites have been certified to both the ISO 9001:2008 Quality and ISO 14001:2004 Environmental standards.

The International Organization for Standardization (ISO) is the largest and most recognized organization in the world that develops global standards for business. Auditors examined work processes, quality management and control systems, as well as environmental impact procedures. After a nine month process and multiple site audits, Perry Smith, Charleston Plant Superintendent, is happy to display the ISO certification documents in the front lobby. "Achieving the ISO certifications validates our ongoing emphasis on manufacturing high quality products while ensuring that our environmental impact is continually reduced. We are proud of our newest certifications and will strive to set the industry benchmark in these areas as well as in safety and sales.”

QCP has two manufacturing facilities – one in Charleston, SC and one in Phoenix, AZ. From these two sites, QCP manufactures products under the Hydro-Stop, United Coatings, and StreetBond brand names.

The Quest Construction Products Family of Brands: