USALCO (H.I.G.) Completes Merger with G2O Technologies (Arsenal)

H.I.G. Capital Completes Growth Investment in USALCO

June 2, 2020

Manufacturing

H.I.G. Capital (through an affiliate) made a growth investment in USALCO, LLC, partnering with founders Peter and David Askew and the existing management team; terms were not disclosed. USALCO is a Baltimore-based manufacturer of aluminum-based chemicals used in water and wastewater treatment and refinery catalysts, operating multiple U.S. production facilities and an extensive logistics platform to serve municipal and industrial customers.

USALCO (H.I.G. Portfolio Company) Acquires AlChem Specialties and CalCHEM

January 5, 2021

Manufacturing

USALCO, a portfolio company of H.I.G. Capital, has acquired Al Chem Specialties, LLC (AlChem) and CalChem, LLC (CalCHEM). The acquisition brings manufacturing capacity in Mentor, Ohio and Modesto, California, expanding USALCO's geographic reach and strengthening its specialty chemicals offering for water/wastewater treatment and industrial end markets.

TJC Funds to Acquire USALCO from H.I.G. Capital

August 5, 2024

Environmental Services

H.I.G. Capital has signed a definitive agreement to sell its portfolio company USALCO to funds managed by TJC (formerly The Jordan Company), with H.I.G. remaining as a minority investor. USALCO, headquartered in Baltimore, Maryland, is a leading provider of water treatment chemistries and services operating 33 manufacturing and distribution facilities across North America; the transaction is expected to close in the coming months.

USALCO (H.I.G.) Acquires Coagulant Manufacturing Business from Brenntag Southwest

January 18, 2024

Manufacturing

USALCO, an H.I.G. Capital portfolio company, has acquired the coagulant manufacturing business of Brenntag Southwest, Inc., a Houston-based operation. The deal expands USALCO's manufacturing footprint and customer base in Texas and will see production relocated into USALCO's existing regional facilities.

USALCO (H.I.G. Portfolio) Acquires ALTIVIA's Water Treatment Business

September 30, 2021

Manufacturing

USALCO, a portfolio company of H.I.G. Capital, has acquired ALTIVIA’s water treatment chemical business, including ferric and ferrous sulfate production facilities in Houston, Texas. The deal transfers the unit from ALTIVIA as the company focuses on petrochemicals and specialty chemicals, and expands USALCO’s coagulant product offering and Texas footprint.

Ovivo Acquires ALAR (Alar Engineering Corporation)

November 20, 2020

Industrial Services

Ovivo Inc., a global water and wastewater treatment equipment and systems provider, has acquired the businesses of Alar Engineering Corporation, Alar Chemical Sales Inc. and Alar Leasing Inc. (together "ALAR"). The acquisition adds ALAR's dewatering equipment, chemical products and Central U.S. presence in Mokena, Illinois, to Ovivo's industrial water capabilities and supports Ovivo's expansion in North American industrial wastewater markets.