<ul><li>Bertram Capital has acquired a majority interest in APPLIED Adhesives, a distributor and formulator of industrial adhesive products, from Arsenal Capital Partners.</li><li>APPLIED Adhesives offers a portfolio of adhesive technologies, related specialty dispensing equipment and parts, and provides installation, maintenance, and integration services.</li><li>APPLIED completed 17 add-on acquisitions in the past four years, expanding its territories, products, and technical capabilities.</li><li>Bertram Capital aims to leverage its operating capabilities and technology team to drive growth, support M&A integration, and improve business efficiencies for APPLIED Adhesives.</li></ul>

Strategic Adhesion: Bertram Capital Adds APPLIED to Portfolio

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