Queen Saenz + Schutz PLLC represented All-State Industries, Inc. (“All-State”), a portfolio company of Blue Sage Capital (“Blue Sage”), in its recent acquisition of United Gasket Corp. and its subsidiaries (“United Gasket”). United Gasket is a leading manufacturer of custom non-metallic components, including adhesive-backed gaskets, felts, and other flexible parts and, together with its subsidiary, Gaskoa, Inc., have a long-tenured history serving a diverse range of industries, including electronics, rail, non-engine auto, HVAC, pumps and lighting. Financial terms were not disclosed.
The transaction marks the fourth acquisition All-State has completed since partnering with Blue Sage in 2019. The combined business will be one of the largest providers of nonmetallic components in its markets, with fourteen facilities across the United States and Mexico.
More information on the transaction can be found here