Yes
I am familiar with the
process that you are referring too. A friend of mine had his bathroom floors sprayed and I hired the same guy to spray my kitchen counter tops. I will try to find out what type of paint he used, but I believe his preparation process was a key part in the lasting finish. I had my counters painted 2 years ago & I still love the way they look!
For my kitchen counters, they treated the surface with a chemical that "ate-off" the glossy finish. The chemical removed all of the color from my counters; the result was that the counters were a brite-white and felt porous, almost brittle. Then they sprayed the "granitizing" paint over the counter tops, and then lastly covered the new paint with a clear-coat substance. This is the same process they used on my friend’s flooring too.
I wonder how durable the finish would be if you were to paint your vinyl without some type of chemical pre-treatment. The acid preparation process that removed the gloss & color, made a perfect surface for the paint to adhere too. I am far from an expert, I would suggest talking to some professionals about your flooring. The process was not expensive, and it was great to have them tape off everything and clean-up. The guys I hired advertised as bathroom refinishers. But they told me that they have been hired to paint tons of stuff; from vinyl, counter-tops, furniture, people even hire them to paint rooms (and I am sure that would hide anything!).
Good luck & let us know how your project turns out!