ASAS/TYSOL, INC.

Minneapolis, Minnesota – Quazar is pleased to announce ASAS/Tysol, Inc. (“ASAS/Tysol”) has been acquired by an Undisclosed Financial Buyer. Quazar advised ASAS/Tysol in the transaction.

The Shareholder of ASAS/Tysol made a strategic decision to transition the business to new ownership in order to create liquidity for Shareholders and to secure full-time leadership with industry experience for the company moving forward. The Shareholder chose Quazar as their M&A Adviser primarily due to Quazar’s unique marketing approach, extensive network, and reputation for successfully working with privately-held businesses.

After conducting a robust marketing process, Quazar received numerous offers from interested parties. The Shareholder ultimately decided that a Financial Buyer with chemistry and sales experience would be the best fit to continue to expand the business, develop new products for its customers, and create new opportunities for its employees.

“At certain points during the transaction, other bankers may have given up, but Quazar stayed committed to finding the right Buyer and getting the transaction closed. This deal would not have come together without the help of Quazar, and I want to thank the entire Quazar team for their efforts. I am excited for the future of the business.” – Tom Ewing, Selling Shareholder/President of ASAS/Tysol

ASAS/Tysol, Inc. (tysol.com) formulates and sells industrial cleaning compounds. The company primarily sells into the commuter rail, maritime, wood products, and locomotive industries. The company was founded approximately 40 years ago and is based out of Woodbury, Minnesota.  

Quazar (quazarinc.com) is a Minneapolis-based Investment Bank founded in 1990. Quazar specializes in working with privately-held businesses within various industries, including: manufacturing, distribution, business services, technology, and consumer. Quazar provides both sell-side and buy-side advisory services to companies in the lower middle and middle-market.