A Bay Area paint company that’s operated for three-quarters of a century as an independent business has been bought by a private equity investment firm from Florida.
SAN CARLOS — A Bay Area paint company that’s operated for three-quarters of a century as an independent business with more than 1,200 workers has been bought by a private equity investment firm from Florida.
“We will have the resources and ability to continue to innovate and deliver the best products and experiences to our customers in the professional paint industry and remain highly competitive in the marketplace” with the new ownership structure, said Steve De Voe, chief executive officer of Kelly-Moore Paints.
“Since 1946, the company’s high-quality products have exemplified American manufacturing and its exceptional service has earned the company a loyal customer base,” said Charles Gassenheimer, managing director with Flacks Group, in discussing the purchase of Kelly-Moore Paints.
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