No sooner had the ink dried on its deal to buy Arnco, Arsenal Capital Partners acquired Pathway Polymers, a producer of polyurethane tire fill material and equipment.
Arsenal did the deal through its Dash Multi-Corp. portfolio unit; both Pathway and Arnco will now fall under Dash’s Polyurethane Systems Business Unit.
Pathway was most recently owned by U.K.-based Vita Group. Before that it was owned by Synair Corp.