Arsenal Capital Partners acquires majority stake in Velcro Companies
Founded in 1952, the fastening-systems company serves medical, data center, consumer, industrial, transportation, defense and apparel customers worldwide.
Takeaways
- Velcro Companies is a global provider of specialty hook-and-loop fastening technologies.
- Arsenal Capital Partners is acquiring Velcro Companies.
- The business serves medical, data center, personal care, consumer, industrial, transportation, defense, and apparel markets.
Velcro Companies, the global fastening-systems business behind the VELCRO® brand and hook-and-loop closure products, agreed to a majority investment from Arsenal Capital Partners.
The Cripps Foundation is selling the majority interest and will retain a significant minority stake after closing.
Velcro Companies has about 2,400 employees and serves customers across medical, data center, personal care, consumer, industrial, transportation, defense and apparel markets.
Terms were not disclosed; closing is expected in the fourth quarter of 2026, subject to customary regulatory approvals.
"We are excited to partner with Arsenal, building on the strong results our team has delivered and the enduring strength of the VELCRO® Brand," said Gabriella Parisse, CEO of Velcro.
advised Arsenal Capital Partners, with Kirkland & Ellis LLP as legal counsel; Greenhill, a Mizuho affiliate, advised Velcro Companies, with Mayer Brown LLP as legal counsel.
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