Unicat Catalyst Technologies (White Deer-backed) Acquires Magma Group

YFM Equity Partners Backs Management Buyout of Stacatruc from Merino Capital

September 11, 2024

Industrial Services

YFM Equity Partners has backed Stacatruc’s incumbent joint Managing Directors in a management buyout (secondary buyout) of Stacatruc from Merino Capital. Stacatruc, based in Thatcham, Berkshire, provides forklift hire, sales, maintenance and finance across the UK; YFM’s investment will accelerate growth and expand the company’s geographic footprint while building on recent acquisitions in the hire and service sector.

Black Bay Energy Capital Acquires Merichem Process Technologies & Catalyst Business (Merichem Technologies)

January 3, 2024

Industrial Services

Black Bay Energy Capital acquired Merichem Company's technology business — Merichem Process Technologies and Merichem Catalyst Products — which will be renamed Merichem Technologies and operated as a standalone sulfur-treating platform. Merichem Company will retain its caustic services business while the new platform will be led by former Merichem technology leaders to expand sulfur-treatment capabilities across energy and industrial end markets.

Innovative Emissions Control Inc. Acquires Cormetech, Inc.

March 14, 2022

Manufacturing

Innovative Emissions Control Inc. (IEC), a special-purpose investment company founded by John Moore and Edoardo Bugnone, has completed a transaction to acquire Cormetech, Inc.; terms were not disclosed. IEC said the investment will provide growth capital and long-term ownership stability to support Cormetech's global expansion and development of new technologies, including work in carbon capture and water treatment.

TechnipFMC Acquires Magma Global

October 13, 2021

Energy

TechnipFMC has completed the acquisition of the outstanding shares of Magma Global, a developer and manufacturer of thermoplastic composite pipe (PEEK TCP) for subsea and energy-transition applications. The deal brings Magma's composite pipe technology into TechnipFMC's portfolio to accelerate deployments in traditional oil & gas, CCUS and hydrogen transport, and to commercialize hybrid flexible pipe solutions.

White Deer Energy Acquires Majority Interest in Unicat Catalyst Technologies

September 17, 2020

Industrial Services

White Deer Energy has acquired a majority interest in Unicat Catalyst Technologies, a global supplier of heterogeneous catalyst products and related technical services. Financial terms were not disclosed; Unicat founder and CEO Mani Erfan will remain in place and roll a portion of his ownership as White Deer backs the company's continued growth in refinery, syngas, chemical, steel, agriculture and green energy markets.

Brand Velocity Partners Acquires Magma Products

February 13, 2020

Consumer Products

Brand Velocity Partners, a New York-based private equity firm focused on growing consumer brands through marketing expertise, has acquired Magma Products, a manufacturer and marketer of marine and outdoor cookware and grills. Merion Investment Partners provided mezzanine debt and equity financing to facilitate the transaction; Pacific Mercantile Bank provided a working-capital line.