OpenGate Capital Acquires Chemisphere Corp.
January 18, 2022
OpenGate Capital, a Los Angeles-based private equity firm, has acquired Chemisphere Corp., a specialty solvent blender and chemical distributor headquartered in St. Louis, Missouri, from founder Bob Schwent. The deal complements OpenGate’s recent acquisition of Chemsolv and creates a larger chemical distribution platform spanning the Midwest to the Mid‑Atlantic, with plans for organic growth and future add-on acquisitions.
- Buyers
- OpenGate Capital
- Targets
- Chemisphere Corp.
- Sellers
- Bob Schwent
- Platforms
- Chemsolv, Inc.
- Industry
- Manufacturing
- Location
- Missouri, United States
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
OpenGate Capital Forms Integrity Partners Group with ChemSolv and Chemisphere
June 13, 2023
Industrial Services
Private equity firm OpenGate Capital has combined regional chemical distributors ChemSolv (Roanoke, VA) and Chemisphere (St. Louis, MO) under a new platform, Integrity Partners Group (IPG). The platform consolidates distribution, blending, packaging and testing capabilities to expand geographic coverage and value-added services across industrial, food & beverage, agriculture, personal care and CASE markets.
-
OpenGate Capital Acquires Chemsolv Inc.
January 11, 2022
Industrial Services
OpenGate Capital, a global private equity firm, has acquired Chemsolv Inc., a regional distributor of commodity and specialty chemicals headquartered in Roanoke, Virginia. The Austin family sold the business but retain an ownership stake and management role, and OpenGate said it will work with management to grow the company's distribution, blending, packaging, and logistics capabilities.
-
Edgewater Capital Partners Acquires GL CHEMTEC
August 11, 2022
Pharmaceuticals
Edgewater Capital Partners, a Cleveland-based lower middle-market private equity firm, has acquired GL CHEMTEC, a chemistry-based contract research organization (CRO) headquartered in Oakville, Ontario. Edgewater will support GLC's expansion of API development, scale-up and advanced materials capabilities to accelerate growth across North American pharma and life-sciences customers.
-
Samyang Holdings Acquires Verdant Specialty Solutions from OpenGate Capital
December 18, 2023
Manufacturing
Samyang Holdings has acquired U.S.-based specialty chemical manufacturer Verdant Specialty Solutions from private equity firm OpenGate Capital for approximately USD 250 million. Verdant — a Texas-headquartered supplier of amphoteric and non-ionic surfactants with ~USD 210M revenue and roughly 300 employees — will become a subsidiary to strengthen Samyang's specialty chemicals capabilities and support its global expansion.
-
Shrieve Chemical Company Acquires Chem One
January 26, 2023
Industrial Services
Shrieve Chemical Company, a portfolio company of Gemspring Capital, has acquired Chem One, a Houston-based distributor of dry chemicals serving water treatment, animal feed, oil & gas and other industrial markets. The acquisition is an add-on to Shrieve’s platform to expand its specialty and commodity chemical offerings and logistics capabilities across North American end markets.
-
eMolecules Acquires Synple Chem AG
September 24, 2024
Biotechnology
eMolecules, a San Diego-based provider of a chemical compound search-and-fulfillment platform and a portfolio company of Avista Healthcare Partners, has acquired Synple Chem AG, an automated chemical synthesis systems and services provider headquartered near Zurich, Switzerland. The acquisition adds Synple's automation technology and a virtual compound library of more than 7 trillion tractable compounds to eMolecules' existing offering, expanding its capabilities as a one-stop shop for compound procurement, management and automation for drug discovery customers.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.