The Crown Group acquired by PPG

UNITED STATES Chemicals & Materials / Specialty Chemicals / Paints & Coatings REV 1m EUR - 100m EUR

Context

PPG fully acquires The Crown Group from private equity firms High Road Capital Partners and Charter Oak Equity to strengthen its service capabilities in the North American industrial coatings market. The primary rationale underpinning this acquisition is to significantly broaden the acquirer's downstream service offerings, allowing it to provide highly integrated, end-to-end coating solutions to major industrial and automotive manufacturers.

The Crown Group, which reported an EBITDA margin of [members only] in 2017, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the Industry & Manufacturing sector (11.7x in 2026).

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Target

The Crown Group is the leading independent outsourced coatings services provider in North America. The company specializes in applying protective and aesthetic coatings to manufactured parts and assembled products. It operates 11 sites across the U.S., strategically co-located with major customers or situated within key manufacturing hubs. Its primary end-markets include the automotive, agriculture, construction, and heavy truck industries.

Ent. Value

[members only]

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2017

2016

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REFERENCES

Revenue range: REV 1m EUR - 100m EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of The Crown Group by PPG 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.

FAQ

What transaction does this page cover?

This page covers PPG’s acquisition of 100% of The Crown Group, an American company specialised in Specialty Chemicals, in 2017.

How does the valuation of The Crown Group compare to benchmarks in the Industry & Manufacturing sector?

Transaction multiples for this specific deal are exclusively reserved for mynth members. By way of comparison, in 2026 companies in the Industry & Manufacturing sector are valued at a multiple of 11.7x EBITDA.

What sources support the information on this transaction?

The details of this transaction are sourced directly from the official corporate announcement published on the parties’ institutional website, ensuring primary-source verification of the closing and perimeter.

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