Cordatus Capital acquires majority stake in Diamabrush

Private equity firm Cordatus Capital has completed a majority investment in Diamabrush, a manufacturer specializing in abrasive tools for floor preparation and maintenance. The company, headquartered in Sterling Heights, Michigan, produces proprietary solutions for concrete and terrazzo surfaces used across various commercial and industrial markets.

Diamabrush co-founder and CEO Mike Sancimino will remain in his current role, continuing to lead the business alongside the existing management team. The investment is intended to facilitate growth initiatives, including product development, expansion into new markets, and potential strategic acquisitions.

Kevin Lippincott, a partner at Cordatus Capital, cited Diamabrush’s manufacturing capabilities and technical support as key factors in the acquisition. The firm aims to leverage these assets to enhance the company’s market presence and scale its operations further.

Legal counsel for the transaction was provided by Foley & Lardner LLP for Cordatus and Bass, Berry & Sims PLC for Diamabrush. Lincoln International served as the financial advisor to the target company.