Kaltroco and Five V Capital have jointly invested in BlastOne, a leading provider of surface preparation solutions. Known for its technical capabilities and proprietary technology, BlastOne serves key markets, including infrastructure and defense, which are experiencing long-term growth and increased demand for innovative services.
With this investment, BlastOne plans to accelerate its international expansion, enhance product development, and improve customer offerings while maintaining its core mission and values. The partnership benefits from Kaltroco and Five V Capital’s shared heritage and complementary strategies, positioning BlastOne for future success and growth opportunities.
Both firms are committed to preserving BlastOne’s innovative edge and prioritizing customer satisfaction. This partnership not only provides vital capital and support but also aligns with BlastOne’s long-term vision of growth and technological leadership, reflecting the investors’ confidence in the company’s potential.
Advisors: DLA Piper served as legal advisor and RW Baird served as financial advisor to Kaltroco and Five V.
KEY QUOTES:
“The team at BlastOne could not be more excited about our partnership with Five V and Kaltroco. As a family-owned business for more than 50 years, finding partners who could both honor our Company’s distinctive legacy and culture and help us attack the many exciting growth opportunities ahead was the perfect fit.”
Matthew Rowland, CEO at BlastOne
“BlastOne’s long-standing reputation for quality, innovation and service excellence made the company an ideal partner for us. We and Five V are excited to partner with BlastOne’s talented leadership team and founding shareholders to help accelerate innovation and expand globally.”
Rhett McCraw, Managing Director at Kaltroco
“Our investment in BlastOne aligns perfectly with our approach toward partnering with high-caliber management teams to build market-leading, internationally competitive businesses. Together, we’ll provide the strategic and financial support needed to unlock the next chapter of BlastOne’s growth.”
Angus Whitehead, Managing Director at Five V Capital
