OpenGate Capital Acquires Chemsolv Inc.
January 11, 2022
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.
- Buyers
- OpenGate Capital
- Targets
- Chemsolv Inc.
- Sellers
- Austin family
- Industry
- Industrial Services
- Location
- Virginia, United States
- Transaction Type
- Buyout
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