SK Capital Acquires Florachem from Carmelina Capital
May 4, 2022
Funds advised by SK Capital Partners acquired Florachem Holdings, LLC from an affiliate of Carmelina Capital. Stellus Capital Management provided senior debt financing and an equity co-investment to support the transaction. The deal positions SK Capital to grow Florachem's natural plant-based ingredients platform and support ongoing capacity and capability investments at its Jacksonville facility.
- Buyers
- SK Capital Partners, LP, Stellus Capital Management, LLC
- Targets
- Florachem Holdings, LLC
- Sellers
- Carmelina Capital, LLC (affiliate)
- Industry
- Manufacturing
- Location
- Florida, United States
- Transaction Type
- Buyout
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