News

May 21, 2012

Doug Mattscheck Joins Quest Specialty Chemicals as President & Chief Executive Officer

Quest Specialty Chemicals (“Quest”), a portfolio company of Audax Group and Moel is Capital Partners, today announced the appointment of Doug Mattscheck as President and Chief Executive Officer, effective May 29th.

Headquartered in Menomonee Falls, Wisconsin, Quest formulates and manufactures coatings for automotive aftermarket, architectural, industrial, and roofing applications Fred Quinn, Quest’s Co-Founder and Chief Executive Officer, will continue as Chairman of the Board of Directors and maintain an active role in directing Quest’s strategy and leading acquisition. Gerry Loftus, Quest’s Co-Founder and Chief Operating Officer, will join Quest’s Board of Directors and maintain an active role in supporting the growth of the business.

Mr. Mattscheck has extensive experience and a proven track record of growing companies through acquisitions and improving operations in the Specialty Coatings and Building Materials industries He was most recently the President and Chief Executive Officer of AGY, one of the world’s leading manufacturers of specialty glass fiber and related coatings. Prior to AGY, Mr. Mattscheck was President of the Technical Fabrics Division of Saint-Gobain and held executive positions with H.B. Fuller, Schlegel Corporation, and DuPont.

*Fred Quinn, *Co-Founder and Chairman of Quest said, “Doug’s experience and successful track record of working with private equity-backed companies make him an excellent addition to Quest. We are excited to have Doug join us as we continue to execute on our growth objectives.”

*Doug Mattscheck, *President and Chief Executive Officer of Quest said, “I am excited to join the Quest team. Quest is recognized as an innovative producer of high-quality specialty coatings and we look forward to building upon this success going forward through both organic growth and add-on acquisitions.”

About

About Quest Specialty Chemicals
Quest Specialty Chemicals, a leader in the specialty coatings industry, is a family of proven technologies and specialty coatings for the construction, industrial transportation and automotive aftermarket industries. Quest operates under the Matrix Systems, RAABE, Hydro-Stop, United Coatings, PatriotPaint, StreetBond, Foxcolor, and Zolatone brand names.

Building owners and managers architects, contractors OEM’s automotive and color-matching professionals trust Quest’s portfolio of brands to repair, restore, protect and preserve their corporate and customer assets, and to provide environmentally sustainable, high-performance solutions that maximize our customer’s potential for profitability while maintaining their competitive edge through Quest’s collective industry expertise. For more information on Quest Specialty Chemicals, visit www.questsc.com.

Contacts
Audax Private Equity
Jay Mitchell
Managing Director
(617) 859-1546
Moelis & Company
Andrea Hurst
Head of Marketing & Communications
(212) 883-3666

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