- Matthew Rowland serves as CEO at BlastOne
- BlastOne was originally founded in Australia in the 1970s
Kaltroco and Five V Capital have made an investment in BlastOne, a Columbus, Ohio-based provider of surface preparation solutions. No financial terms were disclosed.
The financing will be used by BlastOne to further expand its international footprint, invest in product development, and enhance customer offerings.
Matthew Rowland serves as CEO at BlastOne.
On the transaction, Angus Whitehead, a managing director at Five V Capital, said in a statement, “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.”
DLA Piper served as legal advisor and RW Baird served as financial advisor to Kaltroco and Five V.
BlastOne was originally founded in Australia in the 1970s.