Case Study

Applied Adhesives
Applied Adhesives is a comprehensive provider of adhesive solutions for the packaging, paper converting, graphic arts, bottle labeling, product assembly, and woodworking industries. The Company is a value-added distributor of hot melt, water-based, and reactive adhesives as well as dispensing equipment. Applied Adhesives serves as a critical supply chain partner to leading adhesive manufacturers and formulators by offering reach and high service levels to an expansive customer base. Since Goldner Hawn partnered with Applied Adhesives in 2017, the Company has completed five acquisitions.
Minnetonka, MN
Goldner Hawn, LP
Transaction Type:
Sellside Advisory


BlackArch was retained by Applied Adhesives and Goldner Hawn to serve as the Company’s exclusive financial advisor.

BlackArch's Customized Solution

The transaction builds upon BlackArch’s significant momentum in the specialty distribution sector and is a further example of the firm’s ability to drive superior outcomes for market leaders transforming channel dynamics in segments where manufacturers are increasingly relying on distribution partners to serve customers.


Applied Adhesives was acquired by Arsenal Capital Partners.