NCP Coatings Acquires Glyptal, Expanding Reach in Electrical Insulating Systems and Automotive Engine Coatings
This transaction marks NCP Coatings' first strategic acquisition since Century Park partnered with the company, and represents a key step in our shared vision to build a leading platform in the industrial coatings space. The acquisition of Glyptal enhances NCP's product capabilities, expands its reach into complementary end markets, and deepens its presence in the high-performance, specialty coatings segment.
Doug Mattscheck, CEO of NCP Coatings commented, 'Acquiring Glyptal is a meaningful and strategic step forward for NCP. Glyptal's legacy in the electrical coatings space aligns well with our vision to expand into specialty industrial segments where technical performance matters most. This acquisition complements our portfolio, extends our reach into new applications, and signals our intent to continue scaling the business through technology-led growth. We're excited to welcome Glyptal into the NCP family.'
Glyptal will continue to operate under its well-established brand, with operations and support functions being integrated into NCP Coatings' headquarters in Niles, Michigan. The transition will be supported by Glyptal's existing ownership, who will remain involved during the integration period to ensure continuity.
'We are proud to support NCP Coatings in this highly strategic acquisition,' said Tony Trevino, Partner at Century Park Capital Partners. 'Glyptal's specialized product offerings and long-standing customer relationships align perfectly with NCP's core strengths. This acquisition reinforces our commitment to investing in differentiated, technology-driven businesses with strong growth potential.'
The former owners of Glyptal commented, 'After decades of serving our customers with products we deeply believe in, we're proud to transition Glyptal to NCP Coatings—a company with shared values of technical excellence and customer focus. We are confident they will continue to build on Glyptal's legacy and bring new opportunities to the brand and its customers.'
About NCP Coatings:
Headquartered in Niles, Michigan, NCP Coatings is a formulator and manufacturer of advanced coating technologies for the industrial, military, commercial, and forestry markets. Known for its responsiveness, technical expertise, and customer partnership approach, NCP delivers durable, high-performance coatings tailored to demanding applications. The company is focused on innovation, operational agility, and continuous improvement to support customer success. For more information on NCP Coatings, visit www.ncpcoatings.com.
About Glyptal:
Glyptal Inc. is a manufacturer of specialty coatings and insulating varnishes designed for high-performance applications across the electrical, automotive, and industrial sectors. Based in Massachusetts, the company offers a broad portfolio of products known for their thermal stability, chemical resistance, and durability in demanding environments. Glyptal serves a diverse customer base with solutions tailored for electric motors, transformers, coils, and related applications. For more information on the Glyptal product lines, visit www.glyptal.com.
About Century Park Capital Partners:
Century Park Capital Partners is a Los Angeles-based private equity group established in 2000 that invests in family businesses, owner-operated firms and corporate divestitures with the purpose of accelerating growth and transforming these companies into leading industry players. We specialize in acquiring strategically well-positioned yet under-resourced middle market companies with identifiable potential for value creation. We leverage our C-level executive partners ('Century Leaders') in targeted sectors to build an investment thesis, evaluate opportunities, and lead portfolio companies through the value creation process. We further support our investments with proven operational and best practice initiatives, led by our operating team, including buy-and-build acquisition integration programs and infrastructure additions. For more information on Century Park, please visit www.centuryparkcapital.com.
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