Richardson, Texas and Boston, Massachusetts – English Color and Supply, LLC (“English Color” or the “Company”), a super-regional, value-added distributor of automotive paint, equipment and supplies to the collision repair industry, today announced a growth capital investment from WestView Capital Partners, a Boston-based private equity firm focused on middle market growth companies.
Founded in 1946 and based in Richardson, Texas, English Color operates 52 stores in the Southern United Sates, providing a comprehensive array of products and services that address the critical needs of its collision repair shop and dealership customers. The Company maintains longstanding relationships with best-in-class brands, providing customers with access to over 10,000 SKUs, ranging from paints, coatings and related supplies to paint and body tools, welding equipment and Blowtherm-branded paint booths.
“At English Color we are dedicated to providing our customers with the highest quality brands, service and support they need on a daily basis. Our customers rely on us for far more than just paint,” said Jim English, Chairman of English Color. “WestView shares the same commitment and vision for the future growth of our Company and their deep expertise in partnering with distribution companies like English Color will help us capitalize on the market opportunities we see ahead of us.” Robert Burns, CEO of English Color added “a key reason we chose to partner with WestView is their experience and track record of supporting existing management teams as they execute on their long-term growth strategy.”
“We are excited about our partnership with the English Color team. The management team fits with the core of WestView’s strategy – investing behind entrepreneurs and business owners who ‘have it in the blood’ and have grown up in the industry. Together, we look forward to growing the business both organically and through acquisition,” said Carlo von Schroeter, a Managing Partner at WestView, who will join the Board of Directors at English Color. “English Color is best of breed in the paint supply industry and their reputation for quality and service is unmatched. The team has been intact for decades and with WestView’s newly invested capital, the Company will be able to take advantage of exciting growth opportunities,” added Jeff Clark, a Vice President at WestView who will also join the Board of Directors.
Raymond James served as the exclusive financial advisor to English Color & Supply.
About English Color:
English Color is a leading super-regional, value-added distributor of automotive paint, equipment and supplies to the collision repair industry. Through its network of 52 stores in the Southern United States, the Company offers a comprehensive set of products and services that address the critical needs of collision repair shops and auto dealerships. Founded in 1946, English Color is based in Richardson, Texas. Additional information can be found by visiting www.englishcolor.com.
About WestView Capital Partners:
WestView Capital Partners, a Boston-based private equity firm focused exclusively on middle market growth companies, manages approximately $1 billion in capital across three funds. WestView partners with existing management teams to sponsor minority and majority recapitalizations, growth, and consolidation transactions in industries such as growth industrial, healthcare technology and outsourcing, business services, software and IT services, and consumer. WestView invests in companies with operating profits between $3 million and $20 million with investment sizes ranging from $10 million to $50 million. For more information, please visit www.wvcapital.com.