# VersaFlex acquires Specialty Products (SPI)

Specialty Products (SPI), a manufacturer of polyurea elastomers and polyurethane foams, joined the VersaFlex family of specialty coatings companies. The acquisition broadens VersaFlex's portfolio in polyurea coating and foam solutions.

- Type: Acquisition
- Announced: 2019-04-25
- Where: Lakewood, Washington, United States
- Status: completed
- Products: polyurea elastomers, polyurethane foams, plural component equipment
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Specialty Products Company](https://endata.com/companies/6842.md) (target)
- [VersaFlex](https://endata.com/companies/29491.md) (acquirer)
- [DalFort Capital Partners](https://endata.com/companies/39198.md) (investor)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/spi-joins-the-versaflex-family-of-specialty-coatings-companies-300838664.html), 2019-04-25: "Specialty Products ("SPI"), a Washington-based premier manufacturer of spray-applied polyurea elastomers, polyurethane foams and custom plural component equipment, has joined the VersaFlex family of companies."
- [prnewswire.com](https://www.prnewswire.com/news-releases/dalfort-completes-third-add-on-acquisition-for-the-versaflex-platform-300841345.html), 2019-04-30: "Dan Helton and the SPI team have developed an impressive suite of formulated solutions for demanding industrial and commercial environments."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.