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May 15, 2025

Faegre Drinker Represents Fenix Specialty Performance Coating in its Merger With National Coatings Inc.

A Faegre Drinker team led by corporate attorneys Richard Bennett and Ryan Miske provided counsel to Fenix Specialty Coatings, a Tonka Bay Equity Partners partner company, in its combination with National Coatings.

Fenix Specialty Performance Coatings is a manufacturer of industrial paints and concrete coatings, and the combination strengthens both Fenix Specialty Performance Coatings’ and National Coatings’ ability to deliver more robust and higher levels of customer support, backed by increased production capacity, deeper technical resources, and expanded geographic coverage.

National Coatings, a well-established supplier of high-performance coatings in the general industrial and packaging markets, will operate under Fenix Specialty Coatings, joining the Fenix family of leading brands—including Sierra, TCI Coatings, Burke, SureCrete, TK Products, and Concrete Coatings Inc.

The deal team also included corporate partner Nicole Leimer, corporate associates Jena Lisowski, Lexi Pitz and Virginia Speck, real estate partner Treasa Burke, real estate senior counsel Paul Moe, labor & employment associate Allie Kruse, government & regulatory affairs partner Julian Harrell, and intellectual property associate Owyn Ferguson.

Read more in Fenix’s press release.

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