Vertellus Acquires Polyscope Polymers

Pritzker Private Capital Acquires Vertellus

January 5, 2021

Manufacturing

Pritzker Private Capital acquired Vertellus, a specialty chemicals manufacturer headquartered in Indianapolis, with Vertellus CEO John Van Hulle and other members of management investing alongside PPC and remaining in leadership. The deal gives Pritzker a platform in specialty chemicals to support Vertellus’ growth and innovation across healthcare, personal care, agriculture, coatings and transportation markets.

Vertellus Acquires IM Chemicals

June 1, 2021

Manufacturing

Vertellus, a Pritzker Private Capital‑backed specialty chemicals manufacturer based in Indianapolis, acquired IM Chemicals — the intermediates and specialties division of ESIM Chemicals — to expand its specialty ingredients portfolio and add European manufacturing capacity. The deal was announced in June 2021 and completed in October 2021, enabling Vertellus to broaden product offerings for pharmaceuticals, coatings and fuel & lubricant markets.

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.

Evantic Acquires Vertec Polymers, Inc.

January 10, 2023

Manufacturing

Evantic, a portfolio company of Edgewater Capital Partners, has acquired Vertec Polymers, a Houston-based designer and manufacturer of high-performance polymer materials including PEEK, PPS, PTFE and PFA. The acquisition expands Evantic's engineered components platform by adding polymer R&D, injection and hot-compression molding, and precision machining capabilities to better serve customers in the energy, life sciences, food & beverage and industrial markets.

Vertellus Acquires Jarchem Innovative Ingredients

December 16, 2021

Manufacturing

Indianapolis-based Vertellus has acquired Jarchem Innovative Ingredients, a Newark, New Jersey manufacturer and supplier of specialty, nature-based ingredients. The deal expands Vertellus' portfolio in nature-based and environmentally friendly ingredients for personal care, food and specialty industrial markets; Vertellus is PE-backed by Pritzker Private Capital.

Ascend Performance Materials Acquires Majority Stake in Circular Polymers

November 8, 2022

Industrial Services

Ascend Performance Materials purchased a majority stake in California-based Circular Polymers, a recycler of post-consumer high-performance polymers. The investment (Circular Polymers renamed Circular Polymers by Ascend) secures a consistent supply of high-quality post-consumer recycled (PCR) materials for Ascend's ReDefyne sustainable polyamides while founder David Bender retains remaining equity and stays on as CEO.