Altamont Capital Partners announced the sale of Douglas Products to private equity firm Brightstar Capital Partners.
Altamont Capital Partners is a private investment firm based in the California’s San Francisco Bay market with more than $4.5 billion of assets under management. Altamont Capital Partners is focused on investing in middle market businesses where it can partner with leading management teams to help its portfolio companies reach their full potential.
Altamont Capital Partners first invested in Douglas Products in 2015 and worked closely with leadership to support its growth both organically and through acquisitions. In 2022, Altamont Capital Partners sold Duke’s Root Control Inc., previously a division of Douglas Products, to Comvest Partners.
“We’re proud to have partnered with such a strong team at Douglas over the years,” Randall Eason, Altamont Capital Partners managing director, said in the news release. “Our partnership has seen immense growth and success for Douglas since we carved the business out from Dow, and we look forward to continued success in its partnership with Brightstar.”
“Our partnership with Altamont has positioned us for long-term growth as we look to continue to expand the business,” said Wes Long, CEO of Douglas Products. “We are grateful for the strong support from Altamont and are excited to continue this trajectory and our dedication to quality solutions, expertise, and collaboration for distributors and customers with Brightstar.”
About Douglas Products
Douglas Products is a specialty products manufacturer and marketer of high-quality brands in the global agriculture production and structural pest control markets. For more than 100 years, Douglas Products has partnered with customers who seek to build and protect mutually beneficial business value.
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