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Mariner Closes Sale of Universal Chemicals and Coatings to PRO-SET Formulated Resin Systems, LLC

January 9, 2026

Mariner, a middle-market investment banking firm focused on M&A is pleased to announce the acquisition of its client, Universal Chemicals and Coatings by PRO-SET Formulated Resin Systems, LLC. Mariner served as advisor to Universal Chemicals and Coatings in connection with the transaction.

Universal Chemicals and Coatings, Inc. (UNICHEM), located in Elk Grove Village, Illinois is a leading manufacturer of high-performance custom industrial coatings, laminating adhesives and container linings. UNICHEM’s expertise lies in its technical talent and ability to formulate products that meet customer needs to deliver tailored solutions.
PRO-SET Formulated Resin Systems, LLC (“PFRS”), is a global platform focused on delivering high-performance formulated resin and polymer solutions for demanding applications across industrial, marine, energy, transportation, aerospace, defense, and other advanced manufacturing markets. PFRS is a portfolio company of Iron Path Capital.
Iron Path Capital, with offices in Nashville, Tennessee and Charlottesville, Virginia is an operationally focused private equity firm making lower middle-market investments across the healthcare and specialty industrial sectors.

Mariner’s global marketing approach is designed to broaden buyer outreach and enhance transaction outcomes, reflecting our commitment to advancing sell-side M&A advisory one transaction at a time.

For more information, please contact Neil Dennis, neil.dennis@mariner.com or call 415-250-4713.

About Mariner:
Mariner is a marketing name utilized by Woodbridge International LLC (“Woodbridge”), a subsidiary of Mariner Wealth Advisors, LLC. Woodbridge provides investment banking services focused on mergers and acquisitions and may, where applicable, conduct certain limited securities activities in reliance on an exemption from broker-dealer registration under the Securities Exchange Act of 1934 and in compliance with all applicable federal and state laws.
Investment banking services provided by Woodbridge are separate and distinct from the investment advisory services offered by other affiliates of Mariner Wealth Advisors, LLC.

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