Niles, MI – July 31, 2025 – NCP Coatings LLC, a leading manufacturer of industrial and military coatings, today announced it has acquired Glyptal Inc., a recognized manufacturer of high-performance insulating enamel technologies serving the electrical and automotive markets. This marks NCP’s first acquisition since becoming private equity-backed and supports the company’s long-term strategy to build a mid-market coatings leader focused on high-performance, technology-driven solutions.
Founded as a development arm of General Electric and later spun off as a private company, Glyptal has operated for decades as a specialty provider of insulating coatings used in electric motors, transformers, coils, and other industrial applications. Its products are trusted for their durability, thermal stability, and insulating performance across OEM and repair market segments.
Under the terms of the agreement, Glyptal’s brand will remain intact, and operations will be integrated into NCP Coatings’ headquarters in Niles, Michigan. Customers will continue to receive the same reliable products and trusted formulations while gaining access to the broader NCP portfolio, including a wide range of industrial and military coatings.
The acquisition closed on July 31, 2025. Glyptal’s family ownership will assist with the transition over the coming months before exiting the business.
Doug Mattscheck, Chief Executive Officer of NCP Coatings, stated: “Acquiring Glyptal is a meaningful and strategic step forward for NCP. Glyptal’s legacy in the electrical coatings space aligns well with our vision to expand into specialty industrial segments where technical performance matters most. This acquisition complements our portfolio, extends our reach into new applications, and signals our intent to continue scaling the business through technology-led growth. We’re excited to welcome Glyptal into the NCP family.”
Lacey Meer, Chief Commercial Officer of NCP Coatings, added: “Our focus throughout this integration is on ensuring a seamless experience for Glyptal’s customers. They can continue to rely on the same high-performance formulations and technical support they’ve known for decades. Now, they’ll also have access to NCP’s broader portfolio and expanded capabilities. This move reinforces our commitment to smart, strategic growth while preserving the strengths that make Glyptal a trusted name in its field.”
A representative of the Glyptal ownership group commented: “After decades of serving our customers with products we deeply believe in, we’re proud to transition Glyptal to NCP Coatings—a company with shared values of technical excellence and customer focus. We are confident they will continue to build on Glyptal’s legacy and bring new opportunities to the brand and its customers.”
This acquisition reflects NCP Coatings’ continued momentum and commitment to identifying targeted opportunities that enhance its technical capabilities and market leadership. Backed by Century Park Capital Partners, a Los Angeles-based private equity firm focused on partnering with owner-managed businesses, NCP is accelerating its mission to become a leading force in the mid-market industrial and military coatings sector.
About NCP Coatings LLC: Headquartered in Niles, Michigan, NCP Coatings LLC is a formulator and manufacturer of advanced coating technologies for the industrial, military, commercial, and forestry markets. Known for its responsiveness, technical expertise, and customer partnership approach, NCP delivers durable, high-performance coatings tailored to demanding applications. The company is focused on innovation, operational agility, and continuous improvement to support customer success.
About Century Park Capital Partners: Century Park Capital Partners is a Los Angeles-based private equity firm that invests in family-owned and founder-led businesses with strong potential for growth. Century Park brings strategic, operational, and financial expertise to help management teams accelerate growth through organic initiatives and targeted acquisitions. For more information, visit www.centuryparkcapital.com.