SK Capital Partners Acquires Valtris Specialty Chemicals from H.I.G. Capital

SK Capital Partners Acquires Controlling Stake in Tilley Chemical Company

January 7, 2021

Industrial Services

Funds advised by SK Capital Partners made a controlling investment in Tilley Chemical Company, a Baltimore-based specialty chemical and lubricant distributor. The Tilley family will retain a significant ownership stake and continue to be involved; committed debt financing was provided by Madison Capital to support SK Capital’s investment and the platform’s planned infrastructure and footprint expansion.

SK Capital Acquires Canlak and Valentus Specialty Chemicals to Form Canlak Coatings

May 27, 2021

Manufacturing

Funds advised by SK Capital Partners have acquired Canadian coatings maker Canlak Inc. and U.S.-based Valentus Specialty Chemicals and will merge the businesses to form Canlak Coatings, headquartered in North Brunswick, New Jersey. The combined company will offer a broad wood coatings portfolio (including lacquers, waterborne, UV-cured and polyurethanes) for flooring, cabinet and furniture manufacturers; Normand Guindon will serve as Executive Chairman and Robert Jamieson was named President & CEO.

Vertellus Acquires Specialty Ingredients Businesses from Chemtrade

November 3, 2021

Manufacturing

Vertellus, a Pritzker Private Capital–backed specialty chemicals manufacturer, completed the acquisition of certain Chemtrade businesses that produce potassium chloride, caustic pellets and vaccine adjuvants. The deal expands Vertellus’ capabilities and product portfolio in the healthcare and pharmaceutical sectors and strengthens its manufacturing footprint for specialty ingredients.

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.

SK Capital Partners Acquires IPACKCHEM Group SAS

April 6, 2021

Manufacturing

SK Capital Partners, a New York-based private investment firm focused on specialty materials and chemicals, has completed the acquisition of IPACKCHEM Group SAS, a Paris-headquartered manufacturer of sustainability-oriented barrier plastic packaging for the crop protection and specialty chemicals markets. SK Capital said it will partner with IPACKCHEM's management to accelerate organic and acquisitive growth and expand the company's global market position.

Univar Solutions Acquires Valley Solvents & Chemicals

March 1, 2024

Industrial Services

Univar Solutions has acquired Valley Solvents & Chemicals and certain affiliates, a long-time regional distributor of solvents and inorganics that also provides custom blending and waste management services in the Texas and Gulf Coast region. The deal expands Univar's North America chemical distribution footprint and strengthens its environmental services (ChemCare) capabilities across Texas, the Gulf Coast and northern Mexico.