USALCO (H.I.G. Portfolio) Acquires ALTIVIA's Water Treatment Business

USALCO (H.I.G.) Acquires Coagulant Manufacturing Business from Brenntag Southwest

January 18, 2024

Manufacturing

USALCO, an H.I.G. Capital portfolio company, has acquired the coagulant manufacturing business of Brenntag Southwest, Inc., a Houston-based operation. The deal expands USALCO's manufacturing footprint and customer base in Texas and will see production relocated into USALCO's existing regional facilities.

H.I.G. Capital Completes Growth Investment in USALCO

June 2, 2020

Manufacturing

H.I.G. Capital (through an affiliate) made a growth investment in USALCO, LLC, partnering with founders Peter and David Askew and the existing management team; terms were not disclosed. USALCO is a Baltimore-based manufacturer of aluminum-based chemicals used in water and wastewater treatment and refinery catalysts, operating multiple U.S. production facilities and an extensive logistics platform to serve municipal and industrial customers.

TJC Funds to Acquire USALCO from H.I.G. Capital

August 5, 2024

Environmental Services

H.I.G. Capital has signed a definitive agreement to sell its portfolio company USALCO to funds managed by TJC (formerly The Jordan Company), with H.I.G. remaining as a minority investor. USALCO, headquartered in Baltimore, Maryland, is a leading provider of water treatment chemistries and services operating 33 manufacturing and distribution facilities across North America; the transaction is expected to close in the coming months.

USALCO (H.I.G. Portfolio Company) Acquires AlChem Specialties and CalCHEM

January 5, 2021

Manufacturing

USALCO, a portfolio company of H.I.G. Capital, has acquired Al Chem Specialties, LLC (AlChem) and CalChem, LLC (CalCHEM). The acquisition brings manufacturing capacity in Mentor, Ohio and Modesto, California, expanding USALCO's geographic reach and strengthening its specialty chemicals offering for water/wastewater treatment and industrial end markets.

USALCO (H.I.G.) Completes Merger with G2O Technologies (Arsenal)

November 2, 2021

Manufacturing

H.I.G. Capital portfolio company USALCO has completed a merger with G2O Technologies, a portfolio company of Arsenal Capital Partners, with Ken Gayer to lead the combined business under the USALCO name. The combination creates one of North America’s leading water treatment chemical producers with an expanded geographic footprint, broader product set and in-house transportation capabilities.

USALCO Acquires Fontus Blue

June 10, 2025

Cloud & SaaS

USALCO has acquired Fontus Blue, a small SaaS provider of digital decision-support tools for water utilities, integrating Fontus Blue’s Decision Blue platform into its water treatment product and services portfolio. The acquisition expands USALCO’s digital capabilities to offer combined chemical solutions and AI-driven operational optimization for drinking and wastewater treatment facilities.