HEXPOL Acquires Preferred Compounding from Audax Private Equity

The PharmEase Group Acquires RAM Pharma (now Compound Preferred)

July 23, 2020

Healthcare Services

The PharmEase Group acquired RAM Pharma, a 503B compounding outsourcing facility, on July 23, 2020 and will operate the business as a wholly owned subsidiary under the new name Compound Preferred. The acquisition expands PharmEase's compounding and sterile preparation capabilities, strengthens provider relationships, and broadens the group's national market reach.

H.I.G. Capital Affiliate Acquires Covestro's European Polyurethane Systems Business (Plixxent)

January 17, 2019

Manufacturing

An affiliate of H.I.G. Capital has signed a definitive agreement to acquire Covestro AG's European Polyurethane Systems business in a carve-out transaction, with closing expected in the second half of 2019 pending regulatory clearance. The business — operating four systems houses across Germany, Denmark, the Netherlands and Spain and employing ~250 people with ~€230m sales — will be run independently (to operate as Plixxent) and used as a platform for pan‑European expansion and add-on acquisitions.

Revelation Pharma (Osceola Capital) Acquires Five Compounding Pharmacies

January 27, 2022

Healthcare Services

Revelation Pharma, a PE-backed specialty pharmacy platform sponsored by Osceola Capital, completed add-on acquisitions of five compounding pharmacies: Innovation Compounding, Pencol Compounding Pharmacy, Pharmacy Specialists Compounding, Wise Pharmacy, and Convex Pharmacy. The deals expand Revelation's geographic footprint and clinical capabilities across key U.S. regions and will see some locations merged into existing Revelation businesses (e.g., Wise into Pencol; Convex into Everwell).

American Securities Acquires Hexion Holdings

March 15, 2022

Manufacturing

Affiliates of American Securities LLC completed a take-private acquisition of Hexion Holdings Corporation for $30.00 per share in cash. Hexion, a Columbus, Ohio–based global producer of adhesives and thermoset resins with approximately $1.9 billion in 2021 net sales, 26 manufacturing facilities and ~1,300 employees, will be operated under American Securities to support its next phase of growth.

Pexco LLC Acquires Exlon Extrusion, Inc.

June 1, 2020

Manufacturing

Pexco LLC, a North American specialty plastics extruder backed by AEA Investors, has acquired Exlon Extrusion, Inc., a Greensboro, North Carolina–based precision extruder of plastic tubing and recoil hose. The deal expands Pexco's capabilities in high-performance polymer (HPP) products and adds personnel, equipment and customer relationships across end markets such as telecommunications, pneumatics, textiles and automotive.

Ampersand Capital Partners Majority Recapitalizes Phosphorex

August 25, 2022

Healthcare Services

Ampersand Capital Partners completed a majority recapitalization of Phosphorex to provide growth capital enabling the company to build out a 30,000 sq. ft. facility and establish cGMP manufacturing capabilities for lipid nanoparticles, microspheres and other drug-delivery platforms. The investment positions Phosphorex to expand from development and analytical services into end-to-end CDMO manufacturing to better serve pharmaceutical and biotechnology clients.