Affiliates of CC Industries Acquire Foremark Performance Chemicals from SK Capital

Imperative Chemical Partners Acquires Performance Chemical Company

October 7, 2024

Oil & Gas

Imperative Chemical Partners, Inc. acquired Performance Chemical Company, a Midland, Texas-based provider of specialty chemical solutions serving midstream and production operators in the oil & gas industry. The acquisition expands Imperative's midstream service capabilities and geographic reach, while PCC's founders will retire following the transaction; terms were not disclosed.

Foremark Performance Chemicals Acquires NexGen Chemical Technologies

May 16, 2023

Energy

Foremark Performance Chemicals, a portfolio company of SK Capital Partners, has acquired NexGen Chemical Technologies from Black Bay Energy Capital. The add-on acquisition expands Foremark's natural gas sweetening product portfolio, enables scale-up of NexGen's ScavGen 1014 manufacturing at Foremark's La Porte, Texas site, and broadens Foremark's geographic reach and customer base.

SK Capital Partners Makes Strategic Investment in VanDeMark Chemical (alongside Comvest Partners)

September 7, 2022

Pharmaceuticals

Funds advised by SK Capital Partners have made a strategic investment in VanDeMark Chemical, a Comvest Partners portfolio company headquartered in Lockport, New York. Comvest remains a co-owner; the investment will accelerate VanDeMark's growth and deepen its focus on life-science specialty chemistries, with SK Capital supporting organic and inorganic expansion.

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 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 Partners Acquires Foremark Performance Chemicals

June 14, 2017

Manufacturing

SK Capital Partners has acquired Foremark Performance Chemicals (formerly D.B. Western - Texas), a La Porte, Texas-based producer of formaldehyde and derivatives. The acquisition expands SK Capital's chemicals portfolio and adds Foremark's large formaldehyde, UFC and MEA triazine production capabilities serving end-markets including oil & gas, building materials and textiles.