Wellspring Capital Management Acquires Jen-Coat

Jen-Coat Founder and CEO Jim Kauffman and his management team will remain with the Company, and Kauffman will serve on the Board of Directors of the new company. Bevis added, “Jim Kauffman co-founded the Company in 1972 and built it the right way. I am extremely happy the team is staying on to take it to the next level.”