BlastCo
Majority Sale
Blastco
Industrial Coatings Services | St. Louis, MO
Trailhead Partners served as the exclusive sell-side advisor to BlastCo on its sale to Clyde Joseph Enterprises
The Company
Blastco provides surface preparation, liquid coatings, and powder coating services to industrial, aerospace, and manufacturing customers in the St. Louis area. The company operates a full-service facility with blast chambers, paint booths, and ovens - a turnkey capability difficult to replicate and with limited local competition.
The Situation
The owner approached Trailhead Partners several years before transacting as he began considering retirement. After working together to evaluate timing and readiness, he engaged us to run a full sale process.
The business presented a common challenge: significant owner involvement in daily operations. Finding a buyer with the right experience and commitment to navigate the transition was critical.
The Process
We contacted 150-200 strategic and financial buyers, generating 8 Indications of Interest over a 45-day marketing timeline. The ultimate buyer demonstrated commitment from first contact. When financing became a hurdle, we helped connect him with the right lender to get the deal closed.
The Outcome
The seller achieved a full exit to a local buyer well-positioned to continue the business. Total timeline from engagement to close: 9 months.
Industry Sectors
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