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BlackArch Partners Advises Goldner Hawn on the Sale of Applied Adhesives to Arsenal Capital Partners Share Article BlackArch Partners LLC is pleased to announce that Applied Products, Inc., a portfolio company of Goldner Hawn, LP, has been acquired by Arsenal Capital Partners. CHARLOTTE, N.C. (PRWEB) March 16, 2021 BlackArch Partners LLC (“BlackArch”) is pleased to announce that Applied Products, Inc. (“Applied Adhesives” or the “Company”), a portfolio company of Goldner Hawn, LP (“Goldner Hawn”), has been acquired by Arsenal Capital Partners (“Arsenal”). Applied Adhesives, headquartered in Minnetonka, MN, is a comprehensive provider of adhesive solutions for the packaging, paper converting, graphic arts, bottle labeling, product assembly, and woodworking industries. The Company is a value-added distributor of hot melt, water-based, and reactive adhesives as well as dispe ....