SALE OF SHARK COATINGS

SHARK COATINGS HAS BEEN ACQUIRED BY VESTERRA CAPITAL PARTNERS

Birmingham, Michigan – August 28, 2026 – Angle Advisors is pleased to announce that Protech Floor Coatings, LLC dba Shark Coatings (“Shark Coatings”), a leading provider of concrete coating solutions serving residential, commercial, and industrial customers across the Southeastern U.S., has been acquired by Vesterra Capital Partners (“Vesterra”). Vesterra Capital Partners, formerly Comvest Private Equity, was founded in 2000 with a long-term focus on building businesses for lasting growth. Angle Advisors acted as the exclusive investment banking advisor to Shark Coatings in completing the transaction.

Shark Coatings was founded in 2020 by Jay Mariano and Rick Mariano, who have significant experience in the coatings industry and residential services. Based in Jacksonville, Florida, Shark Coatings has become a leading provider of concrete coatings solutions throughout the Southeastern U.S., servicing garages, driveways, patios, walkways, pool decks and a variety of commercial and industrial surfaces.

“Having spent our entire lives in the coatings industry and focused on residential services, we created Shark Coatings to become the top provider of concrete coating solutions and look forward to continuing our rapid growth with Vesterra,” said Jay Mariano, CEO and Co-Founder of Shark Coatings. “We could not have done achieved this great partnership without the sale process run by the team at Angle Advisors – Kevin Marsh, Nick Diehl, and Devin Boylen. Their experience in residential services was critical in positioning Shark Coatings for the market, identifying the right buyers, and navigating every step of the process. They ultimately helped us achieve an outcome that exceeded our expectations.”

Rick Mariano, Co-Founder of Shark Coatings, added, “We could not be happier with the outcome. They understood what made our business unique, knew how to position our growth story with the right buyers, and created a competitive process that ultimately drove a premium outcome. They were true professionals and trusted advisors from start to finish.”

Vesterra (formerly Comvest Private Equity) is a lower middle market investment firm focused on control investments in the services economy, partnering with companies across business & infrastructure, healthcare, and consumer sectors. Founded in 2000, Vesterra partners with founders, family owners, and operators who are ready for their next stage of growth. The firm works side by side with management teams providing practical support, targeted resources, and strategic guidance shaped around each business. Headquartered in West Palm Beach, Florida, Vesterra manages approximately $1.9 billion in assets. For more information, please visit https://vesterracap.com.

Angle Advisors, with offices in the United States, Germany, and China, specializes in mergers and acquisitions (M&A) advisory and capital raising services with a particular emphasis on the industrials and services sectors.  The firm’s professionals have completed over 325 transactions since 2009 for multinational corporations, privately held companies, private equity funds, and public sector clients. For additional information, please visit www.angleadvisors.com.