Victor Capital Partners LLC acquired The Coats Company, LLC from Vontier Corporation (NYSE:VNT) for $72.5 million on January 8, 2024. Transaction is in all cash. Coats will continue to be led locally by its existing executive team. Mauricio Sartori will serve as President and Chief Executive Officer. Maranon Capital provided financing in support of the transaction. Current Capital Partners acted as financial advisor to Victor Capital. Blank Rome acted as a legal counsel to Victor Capital. Mike Krigbaum of Morrison & Foerster LLP acted as legal advisor and Angle Advisors, LLC acted as financial advisor to Vontier Corporation.

Victor Capital Partners LLC completed the acquisition of The Coats Company, LLC from Vontier Corporation (NYSE:VNT) on January 8, 2024.