Quarton International advises Trostel in its sale to Preferred Compounding, a portfolio company of Audax Private Equity.
Trostel Ltd. (www.trostel.com) is a developer and compounder of highly specialized, value added elastomeric compounds for the North American market place. Trostel supplies proprietary and custom mixed rubber compounds to customers including molders and extruders, as well as molding services to select customers. Trostel has operating locations in Wisconsin, Texas and Mexico.
Audax Private Equity (www.audaxprivateequity.com) was founded in 1999, and has since been focused on building leading middle market companies. Audax has invested $4 billion in 101 platform and 524 add-on companies. Through its disciplined Buy & Build approach, Audax seeks to help platform companies execute add-on acquisitions that fuel revenue growth, optimize operations, and significantly increase equity value.
Preferred Compounding (www.preferredperforms.com) supplies proprietary and custom mixed rubber compounds to customers including molders, extruders, mixers and others in the rubber goods market. Primary industries served are automotive, construction, power generation and roll goods.