|
Quest Specialty Chemicals has Acquired Hydro-Stop
We are pleased to announce that Hydro-Stop, Inc. of Charleston, South Carolina USA, has been acquired by Quest Specialty Chemicals Inc.™ in an asset purchase, and will continue to operate under the name Hydro Stop, LLC and maintain current operations in Charleston . The acquisition is intended to compliment sister company, United Coatings, in the waterproof membranes market.
Hydro-Stop’s corporate structure will continue to support existing customer obligations, distribution channels, customer base, and product line. Nick Causey and Richard Daniel will continue as managers of Hydro Stop, and will be supported by the existing management team, associates and facilities. Hydro Stop compliments Quest’s mission to acquire and build specialty chemical companies that have developed unique solutions to the challenges of coatings application, surface protection, and the bonding of flexible and rigid substrates.
“Joining the Quest Specialty Chemicals team is a great opportunity for Hydro-Stop” said Causey. “As we continue to grow, the brain trust available to us with our corporate partners is a powerful asset. As an East Coast manufacturer conducting business in the Western US and Pacific Rim countries, there are many advantages to having a strategic alliance with a West Coast manufacturing partner like United Coatings.
“The business model for Hydro Stop will integrate nicely with United Coatings to create a wider reach for manufacturing and distribution”, said Charlie Van Gelder, VP of Sales and Business Unit Manager for United Coatings. “The two companies, who operate primarily in specialty coatings for the building envelope market, are now looking forward to creating new opportunities for our respective customers.”
Commenting on the transaction, Gerry Loftus, COO/CFO of Quest Specialty Chemicals™, stated, “When combined with United Coatings, Hydro-Stop will make Quest one of the largest suppliers of acrylic roof coatings in the country, with a nationwide footprint and customers all over the world. This transaction significantly enhances Quest’s offering of technical architectural and construction coatings."
About Hydro Stop
Nick Causey and Richard Daniel began manufacturing sustainable “Cool Roof” systems in the 1980’s, utilizing the cutting edge technology of the time. Determined to produce the highest quality waterproofing and roofing systems possible, they formed Hydro-Stop Inc. in 1994. Though few were concerned with “sustainability” in roofing in the early 90’s, Hydro-Stop was able to survive and grow by solving problems on military bases throughout the Southeast. Expanding from the Southeast to bases across the country and the Pacific, Hydro-Stop’s reputation grew as a trusted manufacturer with a solid technical support staff.
We are very enthusiastic about this new development and look forward to providing our many loyal customers with even better service thanks to our widely expanded distribution capabilities. Please contact your United Coatings or Hydro-Stop representative today for more details.
Visit the Hydro-Stop web site

|