Altamont Capital Partners announced the sale of Douglas Products, a specialty products manufacturer and marketer of high-quality brands in the global agriculture production and structural pest control markets, to private equity firm Brightstar Capital Partners “Brightstar”.
Altamont first invested in Douglas Products in 2015 and has worked closely with leadership to support its growth both organically and through acquisitions. In 2022, Altamont sold Duke’s Root Control Inc., previously a division of Douglas, to Comvest Partners.
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“We’re proud to have partnered with such a strong team at Douglas over the years,” said Altamont Capital Partners Managing Director Randall Eason. “Our partnership has seen immense growth and success for Douglas since we carved the business out from Dow, and we look forward to continued success in its partnership with Brightstar.”
“Our partnership with Altamont has positioned us for long-term growth as we look to continue to expand the business,” said Wes Long, CEO of Douglas Products. “We are grateful for the strong support from Altamont and are excited to continue this trajectory and our dedication to quality solutions, expertise, and collaboration for distributors and customers with Brightstar.”
SOURCE : PRNewswire