mynth
10/2026MajorityLBO

Cordatus Capital takes majority stake in Diamabrush

UNITED STATES Industrial Equipment / Components REV 20m USD - 200m USD

Context

Cordatus Capital announced a majority investment in Diamabrush in October 2026, giving the Dallas private equity firm a majority stake in the Sterling Heights, Michigan-based abrasives manufacturer. Mike Sancimino, a co-founder and the company's CEO, retains his position and continues to lead Diamabrush alongside the existing management team, with Cordatus holding a majority stake rather than full ownership. Cordatus cited four growth levers: further product development, entry into additional markets, deeper sales into the existing customer base, and add-on acquisitions. The firm also highlighted Diamabrush's specialised production capacity, its nationwide technical support operation and its data-driven customer offerings as the features that distinguish it within floor maintenance. For Diamabrush, the partnership is a route to broader capabilities and new commercial opportunities while maintaining service levels for existing accounts. Founded in 2007, Diamabrush makes consumable abrasive tools and floor maintenance products for the preparation, restoration, polishing and upkeep of concrete, terrazzo and other hard surfaces. Its patented technology lets customers achieve floor performance using existing cleaning equipment, reducing the need for costly third-party contractors and traditional maintenance methods. The company sells to retail, industrial, commercial and institutional buyers across North America and selected international markets, and it runs a nationwide technical service team that delivers on-site training, continuing support and maintenance guidance. Foley & Lardner LLP served as legal advisor to Cordatus. Lincoln International served as financial advisor to Diamabrush, and Bass, Berry & Sims PLC served as legal advisor to Diamabrush.

Diamabrush, which reported an EBITDA margin of [members only] in 2026, is valued in this transaction at an EV/EBITDA multiple of [members only].

-> Deep-dive in Industry & Manufacturing market trends

Ent. Value

[members only]

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2026
$20–200M
[members only]
[members only]
2025
$20–200M
[members only]
[members only]

Similar deals in Industrial Equipment

Similar deals in Industrial Equipment
DateAcquirerTargetCountrySector
10/2026KNOP INVESTMENTSVOSTERMANS VENTILATIONNETHERLANDSComponents
10/2026ALPINE FIRE ENGINEERSRICHMOND FIRE ENGINEERSUNITED KINGDOMSafety & Security
10/2026SALT CREEK CAPITALMK PLASTICSCANADAComponents
10/2026AMBIENTA / 21 INVESTENERGREENITALYLifting & Handling
10/2026KKRIEP TECHNOLOGIESUNITED STATESSafety & Security
10/2026PLATINUM EQUITYTRIMEITALYSpecial Machinery
10/2026YANMARAKVA GROUPNORWAYProcess Engineering & Production Lines
10/2026SIPAREX / BPIFRANCE / CARVEST (CRÉDIT AGRICOLE RÉGIONS INVESTISSEMENT)SATYS ELECTRICFRANCECabling & Connectivity
09/2026USCOITALTRACTOR ITMITALYComponents
09/202621 INVESTGRUPO CELESASPAINSpecial Machinery

REFERENCES

Revenue range: REV 20m USD - 200m USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Diamabrush by Cordatus Capital are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: diamabrush

FAQ

What transaction does this page cover?

This page covers the acquisition of a majority stake in Diamabrush, an American company specialised in Components, by Cordatus Capital in 2026, structured as a leveraged buyout (LBO).

What sources support the information on this transaction?

Transaction data and operational intelligence were compiled from independent financial press reporting by specialized M&A publications.

What is mynth?

mynth is the first free M&A database dedicated to Small & Mid-Cap transactions. We centralize Enterprise Values, revenue multiples, EBITDA multiples and transaction financials that are typically locked behind five-figure subscriptions on platforms like Capital IQ or Mergermarket. On mynth, searching and browsing deals is completely free. Our mission is simple: make professional-grade valuation intelligence accessible to every M&A advisor, independent consultant, Private Equity professional and student, without the burden of expensive annual licenses.