Raven Industries (NASDAQ:RAVN) Acquires Colorado Lining International Inc

Flatirons Capital Advisors, a leading mergers and acquisitions advisor to privately-held, middle-market companies is pleased to announce the acquisition of Colorado Lining International, Inc. (CLI) by Raven Industries (NASDAQ:RAVN) headquartered in Sioux Falls, SD.

Founded in 1978, CLI operates a full service Geosynthetics Contractor offering factory expert geomembrane fabrication and installation under one roof. CLI offers assistance in flexible membrane liner selection, coating material selection, fabrication techniques and design/build installation.

Keith Wegen, President of Flatirons, led the deal team that advised CLI on the transaction. "CLI's longevity, multiple locations, diversification, solid management team, and high profile client base make it a great fit for Raven," stated Wegen.

About Raven Industries

Raven Industries (NASDAQ:RAVN) is dedicated to providing innovative, high-value products and solutions that solve great challenges throughout the world. Raven is a leader in precision agriculture, high-performance specialty films, and lighter-than-air technologies. Since 1956, Raven has designed, produced, and delivered exceptional solutions, earning the company a reputation for innovation, product quality, high performance, and unmatched service.

About Flatirons Capital Advisors

Flatirons Capital Advisors, LLC (www.flatironscap.com) is a Mergers and Acquisitions advisory firm that helps privately held companies sell their businesses and acquire other businesses. Our unique business model affords sell-side advisory clients the ability to improve their company's performance, earnings, and effectiveness in the short-term, while simultaneously increasing their market value for a future sale. Flatirons has offices in Colorado, Florida, Illinois, and Texas.