Tilley-Phoenix Group Acquires Callahan Chemical Company

PVS Chemicals Acquires Cal-Chlor Corp.

April 30, 2026

Industrial Services

PVS Chemicals, Inc. acquired Cal-Chlor Corp., a leading independent provider of value-added packaging and distribution solutions for the North American calcium chloride market. The acquisition closed on April 30, 2026 and is intended to strengthen PVS Chemicals’ calcium chloride distribution and expand its specialty chemical services and industrial market presence.

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.

Tilley Company (SK Capital) Acquires Phoenix Aromas & Essential Oils

December 1, 2021

Food & Beverage

Baltimore-based Tilley Company, a portfolio company of SK Capital Partners, has completed a merger with Phoenix Aromas & Essential Oils, creating the combined Tilley‑Phoenix Group. The transaction — an add-on to Tilley's platform — was announced December 2021 and was reported as an exit for Caymus Equity Partners, expanding Tilley's product portfolio, technical/regulatory capabilities and global distribution in flavor & fragrance and other regulated markets.

Tilley Company Acquires Ingredients Solutions (ISI)

September 2, 2021

Food & Beverage

Baltimore-based Tilley Company, a portfolio company of SK Capital Partners, has acquired Ingredients Solutions Incorporated (ISI), a Waldo, Maine-based distributor and blender of specialty hydrocolloids. The deal expands Tilley's food- and personal-care ingredient portfolio and brings ISI's R&D, blending and technical application capabilities into the Tilley platform.

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.

Ascensus Specialties (Wind Point) Acquires Callery, LLC

September 6, 2019

Manufacturing

Ascensus Specialties LLC, a Wind Point Partners–backed chemical producer, has signed a definitive agreement to acquire Callery, LLC, the global leader in boranes and specialty alcoholates. The add-on acquisition will combine complementary reagent chemistry capabilities to create a broader global reagents platform serving pharmaceutical, life sciences and specialty industrial end markets; terms were not disclosed.