Third Coast Capital Advisors Represents CROM in its Acquisition of Dobbs Coating Systems

July, 2026

Third Coast Capital Advisors served as exclusive buyside advisor to CROM, a portfolio company of Frontenac, in its acquisition of Dobbs Coating Systems. Our Acquisition Search services included identifying the target and making contact with its owner, as well as providing assistance on valuation, transaction structure and the negotiation and closing of the transaction. This represents the third acquisition that we have sourced for CROM.

Dobbs Coating Systems, headquartered in Weatherford, TX and founded in 1994, is an industrial and commercial coatings contractor providing abrasive blasting, technical coatings, chemical-resistant linings, secondary containment systems, epoxy flooring, and lead paint abatement services. Licensed in Texas, Arkansas, Louisiana, and Oklahoma, the company serves municipal water and wastewater facilities, industrial plants, power generation facilities, and commercial infrastructure.

CROM, headquartered in Gainesville, FL, is a national water infrastructure solutions provider specializing in the design, construction, restoration, and maintenance of water and wastewater facilities, including prestressed concrete tanks, protective coatings, shotcrete, and structural restoration. A portfolio company of Frontenac since February 2025, CROM has built a national platform through multiple strategic acquisitions and serves municipal and industrial clients across the United States.


For more information, please contact one of the individuals below:

Doug Lovette
Managing Partner
312-961-8763
dlovette@thirdcoastca.com

Mike Zycinski
Managing Director
773-230-7118
mzycinski@thirdcoastca.com


Third Coast Capital Advisors is an investment banking firm in Chicago, focused exclusively on buyside work. We provide three primary services to our clients:

  • Acquisition Search: Our core focus is to work with PE owned portfolio companies and corporate clients to identify, contact, and execute directly negotiated acquisitions on their behalf.

  • M&A Opportunity Assessment: We perform market research during a competitive sale process to assess and validate the add-on potential for a new platform.

  • Buyside Consulting Services: We provide project based services including acquisition strategy development, market research and corporate development support.


Doug Lovette
Managing Partner
312-961-8763
dlovette@thirdcoastca.com

Mike Zycinski
Managing Director
773-230-7118
mzycinski@thirdcoastca.com

Mark Harvey
Managing Director
312-925-2195
mharvey@thirdcoastca.com

Marc Pressler
Managing Director
847-971-7564
mpressler@thirdcoastca.com

Jake Baughman
Vice President
309-826-8423
jbaughman@thirdcoastca.com