San Francisco Equity Partners Acquires Formula Corp

February 20, 2025

San Francisco Equity Partners (SFEP) has acquired a majority stake in Formula Corp, a Washington-based formulator and contract manufacturer of cleaning products for consumer and professional end markets. Formula Corp co-founders Chas Werner and Alan Gangl will remain shareholders; Alexander Hutton acted as exclusive financial advisor to Formula Corp. SFEP said it will support Formula’s growth leveraging its experience building private-label and specialty manufacturing businesses focused on sustainable formulations and eco-friendly packaging.

Buyers
San Francisco Equity Partners
Targets
Formula Corp
Industry
Manufacturing
Location
Washington, United States
Transaction Type
Buyout

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