Polytek® Development Corp. Announces Acquisition of Incredible Solutions

Polytek® Development Corp announces today the acquisition of Incredible Solutions. Polytek is a portfolio company of Arsenal Capital Partners.

Founded in 2017 and located in Crystal River, Florida, Incredible Solutions supplies epoxy coating and casting systems that are used to coat wood bars and table tops, create decorative surfaces and mixed-media furniture such as river tables, and complete a variety of other works of art and craft.

Incredible Solutions will join Polytek's consumer brand portfolio and further expand the company's offering of coating and casting solutions that are formulated specifically for do-it-yourself and artistic communities. These brands offer user-friendly products and accessories that are available direct-to-consumer via a variety of convenient channels, including company-operated e-commerce sites, mass retail, and online marketplaces.

Doug Lorenz, CEO of Polytek, commented, "Incredible Solutions has had tremendous success in their first three years of business and we're very excited to bring them onto the Polytek team and continue to grow with them in the coming years."

Charlie Ives, owner of Incredible Solutions, added "We are really looking forward to teaming up and collaborating with Polytek. Ultimately, our goal is to continue to serve our customers to the best of our ability while introducing new product options and creative ways to use them."

Charlie Ives will remain in an active role within the Incredible Solutions brand, and the two companies will continue to do business under their existing names.

SOURCE Polytek Development Corp.

Related Posts

Subscribe Our Newsletter