Boxwood Partners Advises AmCoat Industrial on Senior Secured Financing from ServisFirst Bank

Financing Supports Merger with Rhino Shield of Florida, Optimized Dealer Operations, and Strategic Dealer Acquisitions JUPITER, Fla. , Aug. 25, 2026 /PRNewswire/ -- Boxwood Partners , a boutique investment bank specializing in founder-led and private equity-backed businesses, today announced that it has served as the exclusive financial advisor to AmCoat Industrial ("AmCoat" or "the Company") , a leading manufacturer and distributor of high-performance ceramic and elastomeric coatings for residential, commercial, and industrial applications, in connection with senior secured financing from ServisFirst Bank .

Boxwood Partners served as exclusive financial advisor to AmCoat Industrial in connection with senior secured financing from ServisFirst Bank. Headquartered in Destin, Florida, AmCoat Industrial is best known for its flagship Rhino Shield ceramic coating and Floor Shield concrete floor coating systems. The Company distributes its products through a nationwide network of independent dealers, protecting and enhancing thousands of homes, buildings, and commercial and industrial facilities across U.S. markets. AmCoat has earned a reputation as a category leader in the specialty coatings space, combining proprietary formulations with a growing, dealer-driven distribution model.

The senior secured financing from ServisFirst Bank will provide AmCoat Industrial with capital to support its merger with Rhino Shield of Florida, fund the optimization of dealer operations and support infrastructure, and finance additional dealer acquisitions. The financing positions AmCoat Industrial to scale its platform while maintaining the product quality and dealer relationships the brand is known for.

The Boxwood Partners deal team included Patrick Galleher (Managing Partner) , Robbie Nickle (Managing Director) , and Jason Neff (Analyst) . Boxwood acted as the exclusive financial advisor to AmCoat Industrial in connection with the transaction. This transaction highlights Boxwood Partners' continued leadership advising privately held businesses in the specialty manufacturing and distribution industry on strategic recapitalizations. To learn more about Boxwood Partners, please visit www.boxwoodpartners.com .

About Boxwood Partners Boxwood Partners, LLC is a boutique investment bank based in Jupiter, Florida with offices in Richmond, Virginia and Charleston, South Carolina. Boxwood Partners combines a unique blend of senior-level transaction advisory, business operating experience, and proven process execution skills to give its clients a distinct advantage in the market. The firm's extensive relationships within the global capital and buyer communities (including U.S. and international private equity groups, corporations, and lenders) and other important transaction-related service providers such as consultants, attorneys, and accountants, ensure that the firm's clients receive the attention, service, and results they deserve. For more information about Boxwood Partners, please visit www.boxwoodpartne...