Priner acquires a majority stake in Smartcoat

RGS Partners advised Priner on the acquisition of a majority stake in Smartcoat.

Priner, a company controlled by the fund Leblon Equities, is a service provider for construction and maintenance of large industrial facilities. The company provides equipment and manpower that enable the access of personnel and materials in preventive and corrective maintenance and assembly processes of equipment and pipelines. Priner also provides industrial painting, surface treatments, thermal insulation services and pressurized habitat installation.

Leblon Equities is an asset management firm focused on Brazilian companies (listed and non-listed). For its private equity operations, the strategy is based on the concentration of investments in a few companies, with an active participation in management decisions.

Smartcoat is one of the leading providers of industrial paintwork for oil platforms and ships in Brazil. With over 500 employees, the company’s main service lines include sandblasting, painting and industrial hydroblasting, onshore and offshore.

 

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