Established in 1958, L&L Products is an innovative and responsive provider of acoustic, sealing, adhesion and structural materials to the Automotive, Aerospace, Commercial Vehicle, and Industrial markets. L&L is a formulator and engineering company with strong Intellectual Property. L&L…
Established in 1958, L&L Products is an innovative and responsive provider of acoustic, sealing, adhesion and structural materials to the Automotive, Aerospace, Commercial Vehicle, and Industrial markets. L&L is a formulator and engineering company with strong Intellectual Property. L&L Products is located in 15 countries throughout the world with 9 plants. It is owned by the Company Founders and their families. L&L ships product to 36 countries and has over 1,200 employees worldwide.
What we are looking for:
Types of Investments
• Strategic Alliances (includes JV’s, joint technology development, and partnerships)
• Technology acquisitions / licensing
• Start-up investments
• Business acquisitions
Areas of Technology Interest
• Adhesives & sealants (Examples: alternative cure systems, films, tapes, structural adhesives, room temperature sealants)
• Acoustic and thermal insulation materials (Examples: Non-wovens, foams,coatings)
• Novel composite and/or structural materials (Examples: Innovative fibers, thermoplastics, lightweight solutions, damage tolerant materials, structural foams)
• Novel polymeric formulated materials and/or processes
Profile of Business (current or potential)
• Materials science / custom chemistry
• Applied engineering / technical expertise
• Close working relationship with the customer / dedicated service
• Specific problem solver / development partner
• Business-to-business
• Niche focused
• Good team / knowledge in place
• Must be able to differentiate the products and company – unique
• Provides technology platform for future growth
• Must be hard to replicate – reasonable barriers to entry
• Bias towards early-to-mid stage
• No declining businesses
• No turn-arounds
• No equipment manufacturers
• No distribution businesses
• No pure service companies
• No businesses where the government is the primary customer
Investment Profile
• Primary interest is differentiated (unique) offerings and/or technology.
• Prefer position of “owner/operator” – majority investments / controlling interest.
• Expected US$3M to US$20M transaction value.
