Chase Corporation Acquires NuCera Solutions from SK Capital for $250M

SK Capital Acquires Baker Hughes Specialty Polymers Business (NuCera Solutions)

July 27, 2020

Manufacturing

Funds advised by SK Capital Partners agreed to acquire the specialty polymers business from Baker Hughes and completed the carveout in October 2020, rebranding the business as NuCera Solutions. SK Capital said it will operate the business as an independent specialty polymers manufacturer with a focus on product innovation and operational improvement, with manufacturing operations in Barnsdall, Oklahoma.

KKR Affiliates Acquire Chase Corporation

November 15, 2023

Manufacturing

Affiliates of KKR completed a take-private acquisition of Chase Corporation at $127.50 per share, and Chase common stock has ceased trading on the NYSE American. KKR will support Chase’s growth and employee ownership initiatives and named Lance Reisman as Chair of the Board to help drive strategic acquisitions and operational improvements.

Kymera International Acquires Thermal Spray Solutions, Inc.

May 8, 2023

Industrial Services

Kymera International has acquired substantially all assets of Thermal Spray Solutions, Inc., a Chesapeake, Virginia-based thermal spray coatings provider that serves the U.S. Navy, shipbuilding and industrial customers. The deal expands Kymera’s surface technologies and specialty coatings capabilities and is the seventh acquisition completed by Kymera under Palladium Equity Partners’ ownership. Terms were not disclosed.

Solventum Acquires Acera Surgical

December 23, 2025

Medical Devices

Solventum (NYSE: SOLV) has completed the acquisition of Acera Surgical, a privately held bioscience company that develops synthetic tissue matrices for regenerative wound care, for $725 million upfront plus up to $125 million in contingent payments. The deal expands Solventum's MedSurg and advanced wound care portfolio with Acera's synthetic electrospun matrix technology; Acera is expected to generate about $90 million in sales in 2025.

The Starco Group Acquires Chase Products Co.

March 24, 2021

Manufacturing

The Starco Group, a Los Angeles-based manufacturer of aerosol and liquid-fill products, has acquired Chase Products Co., a Broadview, Illinois-based aerosol manufacturer founded in 1927. The acquisition adds Chase's spray paint, household cleaning, personal care and EPA-registered disinfectant and insecticide capabilities to Starco's existing manufacturing footprint to expand capacity and product offerings.

SK Capital Acquires Florachem from Carmelina Capital

May 4, 2022

Manufacturing

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.